The dollar edged higher in early European forex trade on Thursday. Traders cautiously studied the ongoing negotiations in Washington over a potential new U.S. stimulus package. The Dollar Index was up 0.1% at 92.713 at 2:55 AM ET (0655 GMT). It slightly rebounded after falling to its lowest level since Sept. 2 overnight. Elsewhere in …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD Jacinda Arden kept her place as the Prime Minister of New Zealand last weekend. Traders are expected to bet their money on her commendable response against the coronavirus earlier this year as its …
Daily Market Charts and Analysis October 21, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF Markets are expecting the UK Prime Minister Boris Johnson to compromise his proposed Brexit bill to meet halfway with the European Union, opening doors to an actual agreement before the exit’s deadliest deadline …
Daily Market Charts and Analysis October 20, 2020 Read More »
The dollar was up on Tuesday morning in Asia’s forex exchange. Doubts over the status of the latest U.S. stimulus measures continue. Against the dollar, the Chinese yuan continued near a two-year high. Signs of economic recovery continue in China. By 10:09 PM ET (2:09 AM GMT), the U.S. Dollar Index inched up 0.05% to …
Dollar Gains Approaching Pelosi Stimulus Deadline Read More »
The dollar edged higher in early European forex trade on Monday. Disappointing Chinese GDP data weighed on risk sentiment, as traders were anxious about the U.S. political situation. The Dollar Index was up 0.1% at 93.8727 at 2:55 AM ET (0655 GMT). This was after a 0.7% rise last week when a global surge in …
Dollar Up on Chinese Data, U.S. Political Situation Read More »
\The dollar and yen drew support in the forex market on Thursday. Rising coronavirus cases and minimal progress towards a U.S. stimulus deal unsettled investors. The Australian dollar hit a one-week low after the central bank chief hinted at a possible easing. France has imposed curfews as autumn brings a sharp increase in daily COVID …
USD Up on Fading Stimulus Hopes, AUD Slips on Easing Hints Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCAD The UK economy might experience a devastating winter, judging by the slowing economy seen in August. The Office for National Statistics said in a statement that the UK grew by not more than …
Daily Market Charts and Analysis October 13, 2020 Read More »
The dollar rose on Tuesday morning in Asia’s forex exchange, despite edging closer to three-week lows. Some investors continue to hold onto hopes of large U.S. stimulus measures. They expect to prop up the COVID-19 ravaged economy after the presidential election on Nov. 3. Nikko Securities chief currency and foreign bond strategist Makoto Noji said …
Dollar Rises Despite Optimism on US Stimulus | Wibest Broker Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCZK The US dollar is experiencing an overall weakness in the forex market due to the uncertainty of a near-term stimulus package, despite increasing optimism of a possible launch in a new administration next …
Daily Market Charts and Analysis October 12, 2020 Read More »
Gold was up on Monday morning in Asia’s precious metals. Investors turned to the safe-haven metal as the dollar strengthened. Negotiations over the latest U.S. stimulus measures stalled. Gold futures were up 0.37% at $1933.35, hitting its highest level since Sep. 21. It was at $1,932.96 earlier in the session while the dollar was up …
Gold Rises Over Strengthening Dollar | Wibest Broker Read More »
The dollar rose on Monday morning in Asian forex exchange. Talks over the latest stimulus measures in the U.S. were struggling. The yuan plunged after the Chinese central bank announced measures to curb the currency’s strength. The U.S. Dollar Index climbed 0.10% to 93.108 rebounding from Friday’s losses, its biggest in six weeks. Forex investors …
Dollar Rises as U.S. Stimulus Talks Stall | Wibest Broker Read More »
The U.S. dollar tumbled down on Friday, heading for a second consecutive week of losses as traders increased bets Joe Biden would win the U.S. presidency and offer fiscal stimulus after the elections. Several Wall Street banks think there will be some kind of stimulus package no matter which candidate wins. However, they believe a …
Dollar fell due to renewed stimulus talks. What about Euro? Read More »
The U.K. has one of the largest economies not only in Europe but around the world. However, even before the coronavirus pandemic, the economy was struggling to cope with problems related to Brexit. It is worth mentioning that, U.K’s economy grew 2.1% in August on a monthly basis. Hopefully, the country’s gradual recovery from the …
State of British Economy and Coronavirus Pandemic Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDMXN Investors are projected to lift the Mexican peso. The government announced its plan to invest worth more than $14 billion for local businesses, equivalent to 297 billion pesos. The package will be the …
Daily Market Charts and Analysis October 08, 2020 Read More »
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 »
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