Tag Archives: USD

The U. S. dollar has risen versus the Japanese yen to its biggest high since March 2020 as the Euro falls to lowest since early November.The dollar index which measures the U.S. currency against a basket of six major currencies rose for the fourth consecutive day, to 94.37 from 93.77 …

GBP/USD has tumbled under 1.35, extending its rapid decline. The currency pair hast hit a low of 1.3473, a level last seen in January. The US dollar index continues to rise on Wednesday, for the fourth consecutive day. The dollar index was able to reach its levels during 2021 thanks …

USD/JPY trades above the 111.00 level as the trading week started in slow motion, with the U. S. dollar edging diffidently lower against high-yielding rivals, but up roaring vs the JPY. The Japanese currency was hit by higher US Treasury yields on the 10-year note’s surge to 1.51%, its highest …

The U.S. dollar has gained for a second straight session on Monday, bolstered by the rise in Treasury yields. The U. S. dollar’s latest move is ahead of announcements by Federal Reserve speakers this week, which could support expectations of the start of asset purchase tapering before the end of …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. Fed The recent Federal Reserve decision was one of the most prominent headlines on …

Market sentiment dampened the appetite for high beta currencies like the Canadian dollar, so, the USD/CAD pair has dropped 40-pips on the back of the climb to new monthly highs recorded by West Texas Intermediate crude oil.In the next week, the Canadian GDP report will be the major focus of …

The U. S. dollar was on track for its biggest daily percentage gain against a basket of major currencies in a week during Friday’s sessions.Uncertainty over stressed Chinese Evergrande Group helped the USD bounce back from a sharp decline in the prior session. Evergrande owes $305 billion but has run …

Britain’s FTSE index has been up by 0.2%, while sterling rose 0.8% versus the U. S. dollar to USD 1.37.The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of 2021.European investors are still digesting signals and comments by the U. …

The Federal Open Market Committee (FOMC) announced on Wednesday that it left the benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% as widely expected. In its policy statement, the Fed noted that if progress continues toward employment and inflation goals broadly as expected, a moderation in …

Wednesday will witness the outcome of the Federal Reserve’s September meeting ending at 2:30 pm ET and policy makers still have 3 monetary policy announcements before the end of 2021the year. The meeting is expected to address the taper timeline, however investors eye the taper start date, in particular, so …