Yen Strengthens against the Dollar on Huawei Arrest
The safe haven yen edged higher against the US dollar on Thursday as the arrest of a leading Chinese executive in Canada. Read more here
Forex
Dollar Slides after Treasury Yields Decline
The dollar slumped in Asia on Tuesday after US Treasury yields slipped from three-month lows, with investors fretting over a possible pause in the Federal Reserve’s rate hike cycle and portents of recessions seen in a yield curve inversion. Read more!
Dollar Weakens as Risk-On Sentiment Prevails
The dollar broadly slumped on Monday as investor demand for riskier assets increased after China and the United States agreed to a ceasefire in their trade war. Read more here!
Dollar Cautious Ahead of Trump-Xi Meeting
The dollar took tentative trades in cautious Friday trade ahead of the meeting of US and Chinese leader . Read more here!
Dollar Slumps after Fed Dovish Remarks
The dollar suffered from prolonged overnight losses on Thursday after the Federal Reserve Chairman Jerome Powell said that the US interest rates were just below neutral. Read more!
Greenback Steady on Trump’s Comments on Trade War
The greenback was steady on Tuesday as fresh concerns about the US-China trade war buoyed safe haven currencies. Read more!
Dollar Rallies on Risk-Averse Global Sentiment
The dollar experienced massive gains as investors flocked the world’s most liquid currency on fears of a slowdown in global economic growth. Read more here!
Euro Slides on German Chancellor News
The euro weakened on Monday after a report said that German Chancellor Angela Merkel will not seek re-election as party chairwoman, marking the end of a 13-year era in which she has dominated European politics. [img desc: Angela Merkel announces she wouldn’t seek re-election] The euro slipped 0.4 percent to reach a day’s low …
Dollar Goes Up Against other Currencies on Bullish Data
The dollar edged higher against a basket of its key rivals on Monday, not far from a 10-week high following that data that showed US economic growth slowed less than expected and as global risk sentiment stayed fragile. The US currency has found support recently on the safe-haven buying as the investors’ demand for riskier …
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US Dollar Nears 10-Week Highs Ahead of US Growth Report
The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken about his displeasure over the dollar’s strength, deviating from a custom in which US presidents try …
US Dollar Nears 10-Week Highs Ahead of US Growth Report Read More »
