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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...

FX Market Cautious Pre-Trade Deal Signing | WibestBroker

The FX market struck a cautious note on Wednesday ahead of the Phase One US-China trade deal signing. The yen, a safe-haven currency, was steady...

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...

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 Anxious Over Trade News | WibestBroker

The FX market moved cautiously, even anxiously, yesterday after news broke out that China was sulky over a US bill that aimed to support...