Sun, August 14, 2022

Forex

Wibest – EUR-USD: Euro and US dollar bills.

EUR/USD Edged Down in Last Week’s Trading

The EUR/USD trading pair weakened in last week’s trading after the US economic growth report bolstered the greenback in session. The EUR/USD trading pair went down by 0.11%, or 0.0012 points, hitting levels between $1.1035 and $1.1061 in Friday’s session. The pair gradually declined throughout last week’s trading. The EUR/USD started from $1.1160 on Monday …

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Wibest – fx market: USD

FX Market: USD Steadies Against Trade War Concerns

The FX market saw the US dollar and its futures steadying in today’s trading. The struggling dollar is slowly and cautiously making headway in sessions. Traders are getting more and more concerned as the conflict between the US and China escalates. The dispute keeps on affecting the global economy while bond yields continue to slip. …

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Wibest – Yuan: Chinese yuan bills

Yuan Weakens as the PBOC Reveals New Benchmark

The Chinese yuan continues to weaken in today’s trading after the People’s Bank of China announced their new benchmark. The yuan remains on edge against the US dollar in Wednesday’s session. The CNYUSD trading pair gained 0.16%, or 0.0002 points. The pair currently trades around $0.1417 against its last close of $0.1415 and has reached …

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Wibest – Euro: Euro notes stacked by value.

Euro Struggles Against the USD Yesterday

Europe’s single currency lost its footing against the greenback in yesterday’s sessions. The USD remained stubbornly strong as the tension between Beijing and Washington continues. The EUR/USD pair edged up 0.03% or 0.0004 points yesterday. The pair traded around ranges between $1.1071 and $1.1089 in sessions. The US Dollar Index slightly edged up 0.02% or …

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