Tag Archives: Forex

Weekly Recap: 5 – 9 April Last week was highlighted by the release of the last meeting minutes for the central banks in the United States and the Eurozone. The March meeting, which saw the United States Federal Reserve deciding to maintain its monetary policy unchanged until the American economy …

The dollar advanced slightly on Friday, April 9th, but it is heading towards recording its weakest weekly performance in the year as strong data in Europe stimulated, sudden weakness in US job numbers and the Reserve Board’s insistence on following an accommodative policy for investors to reduce their bets on …

During trading, the US dollar approached its lowest level in more than two weeks against the major counterpart currencies on Thursday, April 8th, to track low Treasury yields, after the minutes of the March Federal Reserve policy meeting did not provide new incentives to determine the market direction. The meeting …

The dollar hovered near its lowest level in two weeks after the US Treasury bond yields retreated from their recent high levels, while market participants await the US Federal Reserve meeting minutes, which will be released later during the session, to determine the future course of the US currency. The …

The dollar settled near its lowest level in nearly two weeks against a basket of counterpart currencies, tracking the decline in US Treasury bond yields from their recent peak, despite signs of a strong economic recovery in the United States. The dollar index fell to 92.527 in the Asian session, …

The dollar index was little changed at 93.1 on Monday, swinging at levels not seen since November 2020 amid prospects for a strong economic recovery in the United States. Last week, the greenback added 0.3%, which is 3 consecutive weekly gains, driven by the selling of bonds, with buying activity …

The dollar hit a new year high against the yen and a multi-month high against other competitors on Wednesday (March 31st), as investors speculate that a massive fiscal stimulus package and an expanded vaccination campaign will help the United States lead the global pandemic recovery. Today, US President Joe Biden …

The dollar rose against major currencies on Tuesday (March 30th) and rose to a one-year high against the yen as the acceleration of COVID-19 vaccinations and plans for massive stimulus packages in the United States fueled inflation expectations and Treasury yields. The safe-haven dollar was generally supported as investors understood …

The dollar started the week strongly, as it moved in a peak direction against the euro on Monday, March 29th, at a time when a tendency of caution in the market pushes investors to safe havens, and the rapid distribution of vaccines adds to the attractiveness of the currency. The …

The dollar recorded its highest level in several months during trading against most major currencies today, Friday, supported by a wave of optimism about better US economic data, the distribution of Corona virus vaccines, and higher Treasury revenues. The euro recovered slightly ahead of German business confidence data due to …