The U.S. dollar fell by 0.7% against a basket of currencies on Wednesday, as the European shares rallied the second day in a row and risk sentiment improved across equity markets. Furthermore, the greenback declined against the yen by 0.1% as Japanese Prime Minister Shinzo Abe issued a state of emergency on Tuesday to …
European and Asian currencies rallied while Dollar declined Read More »
European currencies rallied on Tuesday. The euro increased by 0.8%, the last trading at $1.08835. The Sterling also skyrocketed. Even though traders awaited news about the British Prime Minister Boris Johnson, who is fighting his worsening case of coronavirus in intensive care. While the analysts are concerned about Jonson’s condition, they think that the government’s …
Euro and Sterling rallied along with Asian currencies Read More »
Most of the Asian currencies rallied on Tuesday. The Chinese yuan hit a 1-1/2-week high against the U.S. dollar. Recent signs of the coronavirus outbreak receding in China boosted the currency. The Australian dollar also gained 1% against the greenback, and the New Zealand dollar increased by 0.9%. On the other hand, the Japanese yen …
Yuan hits high while Yen falls due to coronavirus fears Read More »
The U.S. dollar declined against the Japanese currency by 0.43% to 108.76 yen on Tuesday as concerns about the economic crisis wrought by the coronavirus pandemic kept many investors on edge. The greenback also fell against the other currencies. It lowered by 0.33% to 0.9753 against the Swiss franc and dropped down to $1.0837 against …
U.S. dollar declined. What about Asian currencies? Read More »
The British pound declined against the U.S. dollar, as well as against the euro on Monday. This was due to the British Prime Minister Boris Johnson’s admittance into the hospital after he had shown persistent symptoms of the coronavirus. The sterling dropped by 0.27% to 88.39 pence against the euro, and it fell by 0.26% …
Sterling Fell, While U.S. Dollar Slowed Down after Rallying Read More »
The Japanese yen fell against the U.S. dollar and several other currencies after Japanese media reported Prime Minister Shinzo Abe might declare a state of emergency on Tuesday to fight the rapidly spreading coronavirus. The yen lowered by 0.4% to 108.93 against the dollar. It also dropped down against the euro, the Australian dollar, and …
Japanese yen fell against U.S. dollar. What about Sterling? Read More »
The European currencies declined on Friday. The euro fell due to the indecision among the eurozone governments about a rescue package for economies damaged by the coronavirus pandemic. The U.S. dollar gained 0.5% against it, trading at $1.0799 on Friday. Analysts think that the euro may be declining due to rebalancing as forex reserve managers …
European currencies decline while U.S. dollar rallies again Read More »
The U.S. dollar recovered from a recent decline and rose against the major currencies on Friday. Investors resumed buying dollar once again, as economic fallout from the coronavirus pandemic is worsening. The greenback index increased almost by 2.5% over the week, even though it fluctuated during the last month, first hitting high and then tumbling …
U.S. dollar rebounded for a recent fall. What about Euro? Read More »
Several currencies soared on Thursday. The Australian dollar gained 0.6% to $0.6110, while the Canadian dollar rose by 0.65% to C$1.4146. The oil prices hit high as traders hoped that U.S. diplomacy would succeed in persuading top exporters like Russia and Saudi Arabia to end the price war. As a result, commodity-linked currencies, including Aussie …
Asian Currencies Fluctuate. What About the Euro and Dollar? Read More »
The U.S. dollar declined on Thursday after oil prices jumped by 10% and boosted commodity-linked currencies. However, the greenback still remained strong against the other major currencies thanks to its safe-haven status. The traders hoped that U.S. diplomacy would succeed in persuading top exporters Russia and Saudi Arabia to end a price war that has …
U.S. dollar declined on Thursday. What about Euro and Yen? Read More »
Wednesday was a hard day for a majority of currencies. The sterling fell against the U.S. dollar, lowering by 0.4% to $1.2376. Even though the euro dropped against the dollar by 0.2% to $1.1015, it soared against most other currencies. This was due to its vast liquidity, which is attractive for traders during the economic …
Euro Rose Against Several Currencies. U.S. Dollar Hit High Read More »
The U.S. dollar skyrocketed against the riskier currencies on Wednesday as the countries stay in lockdown while coronavirus pandemic continues. The greenback rose against the sterling, New Zealand, and Australian dollars, and most emerging market currencies after the recent wave of sell-off in global shares showed that investors stay in the flight mode. Masahiko Loo, …
U.S. Dollar Rallied Against the Basket of Currencies Read More »
The European currencies declined on Tuesday. The euro fell by 0.24% to $1.1013. Traders are waiting for new data, which will likely show a rise in German unemployment. The Swiss franc also declined against the U.S. dollar to 0.9610, following a 0.8% loss on Monday. Meanwhile, the sterling lowered by 0.71% to $1.2331. It also …
European Currencies Fell on Tuesday. What About the Yuan? Read More »
The Japanese Yen declined against the U.S. dollar on Tuesday by 0.69% in Asia. Japanese investors and companies tried to cover the shortage of U.S. currency before end of their fiscal year. But as the global coronavirus crisis has shown no signs of abating, sentiments remained fragile. Tuesday is the end of the quarter for …
Yen fell against U.S. dollar, while Yuan remained steady Read More »
The European currencies fell against the U.S. dollar on Monday. The euro and the sterling lowered from 0.5% to 1% in London trading, ending the recent rallies that followed the Fed’s efforts to soften the demand on the dollar earlier this month. The euro fell by 0.6% to $1.1069, while the sterling slid by 1% …
European Currencies Decline. What about the Aussie and Yuan? Read More »
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