Dollar slightly Up; Inflation Data Appears Healthy
Dollar slightly Up; Inflation Data Appears Healthy The dollar is a gainer with up in early European trade Wednesday although, remains near recent lows ahead of a key U.S. inflation release. The Dollar Index, which traces the U.S. Dollar versus a basket of six other currencies, was up 0.2% at 90.287. EUR/USD traded 0.2% […]
Dollar Up, Commodity Currencies Restrict Gains
Dollar Up, Commodity Currencies Restrict Gains The dollar gains in early European trade Tuesday, however, gains were completed by the strength of commodity currencies on the back of rises in the prices of oil and base metals. The U.S. Dollar Index traces the greenback against a basket of other currencies crawled down 0.06% to […]
Dollar Soothes after Beating U.S. Jobs Report
Dollar Soothes after Beating U.S. Jobs Report The U.S. dollar aided losses near 2-1/2 month lows on Monday as a bitter U.S. employment report advised investors to unwrap their increasing long positions in the U.S currency. The United States developed a little more than a quarter of the jobs that economists had anticipated last […]
World Stocks on a Progressive note for First Weekly Gain
World Stocks on a Progressive note for First Weekly Gain World stocks managed for their first weekly gain in three in the middle of the flood in commodity prices on the other hand traders supported the U.S. jobs report later on Friday that could provide clues on when the Federal Reserve will ease back […]
Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE
Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE The dollar slipped from a two-week high on Thursday as global market risk appetite improved, on the other hand, traders concentrated on a Bank of England meeting and economic data that might give some hints on when the U.S. Federal Reserve sway dial back […]
The Dollar Climbs Highest in over Two Weeks
The Dollar Climbs Highest in over Two Weeks The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at […]
Dollar Constant as Traders Support for more U.S. Data
Dollar Constant as Traders Support for more U.S. Data After its recent bounce on Monday, the Dollar straightened as investors made a cautious start to a week packed with central bank meetings and U.S. economic data, anticipating evidence on the global inflation outlook and policymakers’ responses. Trade was reduced by holidays in Japan, China, […]
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces […]
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy The Dollar declined on Thursday morning in Asia, as the U.S. Federal permit in its most advanced policy decision the global reflation trade with persistently aggressive monetary policy. The U.S. Dollar Index traces the greenback against a basket of other major currencies slightly down […]
Dollar Elevated with Expectations on Fed Policy Decision
Dollar Elevated with Expectations on Fed Policy Decision The Dollar inclined on Wednesday Morning in Asia after the U.S. Federal Reserve’s announcement of latest policy decision and Joe Biden’s spoke in front of a collective assembly of Congress, is going to happen later in the day. The U.S. Dollar Index traces the greenback against […]
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks Asian Shares and U.S. Stock Futures declined on Wednesday as concern about the renewal of COVID-19 cases in some countries creates an immense tension over the strength of global growth and demand for crude oil. Euro stoxx 50 futures up 0.28%, Germany’s DAX futures […]
Dollar Tumbled, Euro Inclined as Vaccination Rollout
Dollar Tumbled, Euro Inclined as Vaccination Rollout The U.S. Currency declined on Tuesday Morning in Asia, persisting near a six-week low as the Euro inclined after the rallying COVID-19 vaccine rollout. The U.S. Dollar Index that traces the greenback edged down 0.14% to 90.927 against a basket of other currencies. The USD/JPY pair slightly […]
The Dollar Ascended As Traders Awaits for Inflation Data
The Dollar Ascended As Traders Awaits for Inflation Data The Dollar Elevated against the major currency on Tuesday following almost a three-week low, Cheered by a bump in Treasury Yields, as traders were looking for the strong anticipated U.S Inflation Data later in the day. The greenback has moved back alongside U.S. yields this […]
The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn
The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn The Dollar Elevated in early European Trading Friday, however, lingered near two-week lows after disappointing job data, moreover, the Fed irresponsive behavior of not changing its ultra-easy monetary policy. The Dollar Index, Trace the greenback against a basket of six other currencies was high […]
Australian Shares Edges High at Close of Trade
Australian Shares Edges High at Close of Trade Profits in the Metals & Mining, Materials, and Resources sector-led Shares elevated resultantly affect the Australian stock, edges higher following the close on Thursday. The S&P/ASK200 added 1.02% to hit a new 52-week high. The outshining performers of the session were EML Payments LTD, which raised […]
The Dollar Elevated Anticipating Strong Economic Recovery
The Dollar Elevated Anticipating Strong Economic Recovery The U.S. currency slightly higher versus its competitor on Tuesday. as Traders are on a positive note with the rapid increase in vaccination rollout in hope of economic recovery. The U.S. Bond yields tumbled, However, the movement could not be long-lasting because the increment in the rates […]
The Dollar Steady as Employment Data keeps Buyer in Control
The Dollar Steady as Employment Data keeps Buyer in Control The U.S. Dollar moving in a balanced form on Monday. The last week’s strong U.S. employment report keeps interested investors on the edge with looking forward to data on the U.S. services sector for the assurance of a firm economic bounce back from the […]
The Dollar Trembled following Fed Remains its Peaceful Policy Decision
The Dollar Trembled following Fed Remains its Peaceful Policy Decision The Dollar wobbled on Thursday morning in Asia. The U.S. Federal Reserve stop the speculation of no hurry to increase the interest rates through all of 2023 even after the prompt economic recovery. The USD/CNY pair edged down 0.14% to 6.4948 and the GBP/USD […]