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Weak German Data Causes the Single Currency to Flatline

The beloved single currency of the bloc struggled to take flight yesterday ahead of Christine Lagarde’s speech. The euro was flat against the greenback...

Currency Markets Mixed on Economic Outlook | WibestBroker

The dollar was robust on the currency markets on Monday after US economic data signaled a strengthening across the economy. Such strengthening might mean the...

FX Market: Dollar Steady After Trade Deal

The dollar did not move much in the fx market early on Thursday. Traders were calm after the signing of the US-China phase one...

Yuan Recedes ahead Phase One Trade Deal | WibestBroker

The Chinese yuan retreated after the US Treasury withdrew China’s currency manipulator label ahead of the phase one trade deal’s signing ceremony. The offshore yuan...

Yuan Eases ahead of Phase One Deal Signing

The yuan eased against the dollar on Tuesday after the US scrapped its decision to name China a currency manipulator. This news came just...

Dollar Dominates, Tehran Denies Plane Attack

A poll last week said that the US dollar would dominate the 2020 forex market. Foreign exchange strategists agreed. Meanwhile, Tehran denies claims that...

Forex Movements, Employment Report in Focus

The dollar performed robustly on Friday, posting its best week in two months. Upbeat economic data and the easing tensions in Tehran contributed to...

The Greenback: To Rise or To Fall? | Wibest Broker

On the second day of 2020, the greenback measured 96.215 against a basket of currencies following a six-month low. This was a slight recovery...

The Greenback, On and Before New Year | Wibest Broker

Strong US economic outperformance launched the greenback flat on New Year, but investors are optimistic. Progress in the trade deal between the American and...

FX Market: the USD’s Recovery | Wibest

Traders in the FX market were slightly relieved as the US dollar regained some of its strength in yesterday’s trading. The greenback recently started off...