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 »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDBRL The US dollar rises against the Brazilian real as the global slump continues to loom over the market. Since Monday, the greenback has charged against the Brazilian real and is now on its …
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 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 »
The U.S. dollar jumped on Monday after the week of declines, rallying against the other major currencies. The authorities tightened lockdowns to fight the pandemic, and investors are bracing for the prolonged crisis. The dollar fell during the last week due to the several measures employed by central banks and governments, which strengthened the other …
Chinese Yuan, Euro and Sterling fell against the U.S. dollar Read More »
The U.S. dollar hit a high in March, rallying due to the investors trying to hoard as much cash as they can. They bought the world’s most liquid currency because it was also considered a safe haven. However, trillions of dollars worth of stimulus efforts by the authorities and central banks helped ease massive sell-offs …
U.S. dollar ended last week in red. What about the Euro? Read More »
The euro rose by 0.31% to $1.0912 on Thursday. The currency soared against the Swiss franc, trading at 1.0631. On the other hand, the pound declined by 0.45% to 92.02 pence per euro. The sterling lowered against the dollar, as well as the euro, as the investors worry that Britain is ill-prepared for an increasing …
European Currencies Fluctuated. What About the U.S. Dollar? Read More »
Major currencies fluctuated during the last days. The Australian dollar declined by 0.43% to $0.5934, while the New Zealand dollar fell by 0.24% to $0.5837. Both the Aussie and the kiwi dropped down to multi-year lows earlier this month as panicking investors liquidated positions in favor of holding the greenback in cash deposits. On the …
Aussie Fell while Euro Rose Again. What about the Pound? Read More »
The European currencies rallied on Wednesday. The British pound jumped by 0.6% to a session high of $1.1834, while the euro rose by 0.3% to $1.0819. Several other currencies also showed gains. The New Zealand dollar increased by 1% at $0.5894. Meanwhile, the Australian dollar soared to $0.6047. The Aussie rose over the 60-cent mark …
Euro and Sterling Hit High. What About Other Currencies? Read More »
The European currencies rallied in the recent trade after the U.S. dollar fell. The euro soared by 1% to $1.0834, recovering from a near three-year low of $1.0636 in the previous session. The British pound also rose by 0.9% to $1.1650 after falling to its 35-year low of $1.1413 last week. However, Asian currencies stay …
The Euro and Pound Skyrocketed. What About the U.S. Dollar? Read More »
The U.S. dollar skyrocketed against major European and Asian currencies on Monday, as well as many emerging market currencies. Yukio Ishizuki, the FX strategist at Daiwa Securities in Tokyo, noted that investors have moved from risk-off. However, they are now competing with each other for the safety of holding dollars in cash. According to Ishizuki, …
U.S. Dollar Rose Against the European and Asian Currencies Read More »
The euro rose more than 1% to $1.0832 on Friday, after the volatile trading week. However, gauges of expected market swings for a month in the euro lowered a little. Currency swap spreads also eased where most of the funding pressure in dollar markets was evident. Stuart Oakley, a Singapore-based executive with Nomura, noted that …
European Currencies Gained Along with U.S. Dollar and Aussie Read More »
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