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Forex

Major currencies on Tuesday

U.S. dollar soared Wednesday as Trump postponed new stimulus

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The U.S. dollar gained against most currencies on Wednesday after U.S. President Donald Trump postponed talks on economic stimulus with Democrat lawmakers. Investors’ demand for safe-haven assets grew after Trump commented on Twitter about the stimulus.   FX market had a few turbulent sessions since President tested positive on Covid-19. After Trump returned to the …

U.S. dollar soared Wednesday as Trump postponed new stimulus Read More »

Dollar and risk factors

U.S. dollar fell on Tuesday. What about risk-on currencies?

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The dollar weakened against riskier currencies on Tuesday due to the hopes that U.S. lawmakers will agree on new stimulus. Furthermore, U.S. President Donald Trump left the hospital and returned to the White House after getting treatment for COVID-19. That also boosted positive sentiment.   Masafumi Yamamoto, the chief currency strategist at Mizuho Securities, thinks …

U.S. dollar fell on Tuesday. What about risk-on currencies? Read More »

Euro and dollar

The U.S. dollar fell on Monday. What about other currencies?

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The U.S. dollar index lowered slightly on Monday while financial markets waited for news about U.S. President Donald Trump’s health, as well as developments in fiscal aid talks. Trump stated on Friday that he had tested positive for coronavirus. After that, investors moved to safe-haven assets, and sell-off began on stock markets.   However, Trump …

The U.S. dollar fell on Monday. What about other currencies? Read More »

Dollar

U.S. dollar gained on Wednesday despite new tensions

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The U.S. dollar gained in Europe on Wednesday, rebounding after a two-day fall. Traders considered the implications of a bad-tempered first debate between President Donald Trump and his challenger, Joe Biden. The dollar index climbed up just above the 94 mark versus a basket of currencies. Meanwhile, the euro tumbled down by 0.3% against the …

U.S. dollar gained on Wednesday despite new tensions Read More »

Yen against Dollar

Yen was steady against Dollar. What about Euro and Sterling?

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The Japanese yen traded at 105.52 against the dollar on Tuesday. Meanwhile, the risk-sensitive Australian dollar gained, trading at $0.7084. The New Zealand dollar stood at $0.6568. The euro steadied at $1.1674 after European Central Bank President Christine Lagarde’s statement. She said that the external value of the shared currency impacts inflation. On the other …

Yen was steady against Dollar. What about Euro and Sterling? Read More »

U.S. dollar and other currencies

U.S. dollar steadied while the Aussie and the Kiwi gained

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The dollar remained steady against a basket of currencies on Tuesday. Investors waited for the first U.S. presidential debate while simultaneously tracking developments on the U.S. stimulus bill.   The dollar index remained unchanged at 94.209, lowering from a two-month high of 94.745 reached last week. Stock markets made solid gains partly on positive China …

U.S. dollar steadied while the Aussie and the Kiwi gained Read More »

Pound and euro

Sterling inched forward on Monday. What about the Euro?

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The euro stood at $1.1635 on Monday. It traded at $1.16125 on Friday, plummeting down to its lowest level in two months. The British Pound Sterling changed hands at $1.2767, a bit higher than Wednesday’s two-month low of $1.2676.   The Japanese Yen traded at 105.46 against the U.S. dollar. Meanwhile, the greenback nearly reached …

Sterling inched forward on Monday. What about the Euro? Read More »

Dollar

U.S. Dollar declined on Friday due to hopes of new stimulus 

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The U.S. dollar tumbled down from a two-month peak on Friday. Renewed hopes of fresh U.S. stimulus eased traders’ concerns about its economic recovery. Meanwhile, the yuan surged forward after China was added to a global bond benchmark. Despite lowering, the dollar is on track for its biggest weekly gains in nearly a half year. …

U.S. Dollar declined on Friday due to hopes of new stimulus  Read More »

Euro remained low

Euro remained low on Thursday. What about other currencies?

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The Euro traded at $1.1656 on Thursday, near to two-month low against the dollar reached on Wednesday. Data about German business – the Ifo survey was due later on the day, and some analysts speculated how it would influence the common currency. The report may show an improvement in business morale in Germany. On Wednesday, …

Euro remained low on Thursday. What about other currencies? Read More »

united states Dollar extended its rally

Dollar extended its rally as the pandemic threatens markets

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The U.S. dollar was steady against most currencies on Thursday. Signs of an economic slowdown in the United States and in Europe bolstered concerns about the fallout from the second wave of Covid-19 infections.   The greenback will probably continue to rise as another spike in virus cases in Europe boosts its safe-haven appeal. The …

Dollar extended its rally as the pandemic threatens markets Read More »

The Sterling and dollar

The Sterling hovered near its record lows against Dollar

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 The U.S. dollar stood at $1.1708 per euro in Asia on Wednesday, close to a two-month low hit in the previous session. The currency traded at 0.9198 Swiss francs, holding onto a 0.6% gain from Tuesday. But it changed slightly at 105.06 yen. Overall, the greenback managed to hold onto gains against major currencies. Concerns …

The Sterling hovered near its record lows against Dollar Read More »

Euro and dollar

Dollar Rose Due to Positive Economic Data. What About Euro?

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The U.S. dollar managed to hold onto gains against major currencies on Wednesday. Positive U.S. economic data and worries about the second wave of Covid-19 infections in Europe and Britain supported the greenback. Traders’ focus is on the New Zealand dollar today. There is a meeting scheduled later on Wednesday, and they expect the country’s …

Dollar Rose Due to Positive Economic Data. What About Euro? Read More »

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