Tag Archives: Forex

The dollar rose as European markets opened Thursday (March 25th) after reaching a four-month high against the euro during the Asian session, with market participants focusing on the divergent recovery prospects in the United States and Europe and a dwindling risk appetite. Global stock markets fell to their lowest levels …

The dollar hit a four-month high on Wednesday, March 24, as concerns about a third wave of the Covid-19 pandemic in Europe, the prospect of a tax hike in the United States, and mounting tension between the West and China weighed on risk appetite. The dollar index rose to a …

The US dollar fell from its highest in four months against a basket of currencies on Monday, matching a drop in US Treasury yields. The dollar index fell 0.34% to 91.780 at the end of the trading session, after gaining 0.5% last week. The US Treasury yield fell today from …

The dollar has consolidated near its highest level in 4 months after Turkish President Recep Tayyip Erdogan surprised investors over the weekend by changing the central bank governor, which adopts policies that tend to tighten monetary, which led to turmoil in currency markets globally. The lira fell about 15%, near …

Weekly Recap: 15-19 March The third week of March was highlighted by major central bank meetings around the world, from the United States to England and Japan. In the U.S., the Federal Reserve decided to maintain interest rates unchanged near 0%, as well as the current pace of asset purchases …

Rising US bond yields boosted the dollar on Thursday, March 18th, helping it recover from its lowest level in two weeks after the US Federal Reserve dispelled speculation of an interest rate hike. And 10-year US Treasury bond yields recorded their highest levels in 13 months in early London trade, …

The US dollar rose on Wednesday, March 17th and 10-year Treasury yields approached a 13-month peak ahead of the US Federal Reserve meeting that may shed some light on the timing of future interest rate hikes and the bank’s tolerance for higher yields. Policymakers are expected to release forecasts for …

Caution dominated the currency markets on Tuesday, March 16th, before the start of the two-day monetary policy committee meeting of the US Federal Reserve. It is expected that policymakers in the Council expect that the US economy will grow in 2021 at the fastest pace in decades with the decline …

The dollar rose for the second session in a row today, as the increase in US Treasury bond yields prompted dealers to reduce their bet on the dollar’s ​​decline to its lowest level in four months. The yield on the 10-year bond was trading at 1.6320% on Monday, close to …

Weekly Recap: 8-12 March The second week of March saw the official ratification of a huge stimulus package in the United States called the “American Rescue Plan” that was signed by President Joe Biden after being passed by Congress. The $1.9 trillion relief plan will raise direct monthly payments to …