Tag: forex trading
Dollar Reached its Best Result Against the Yen in 15 Months
The U.S. currency reached as high as 111.165 yen for the first time since March 26, 2020, before trading essentially flat compared to Wednesday...
U.S. Dollar Is Struggling to Deal With Challenges
On Wednesday, the dollar was unable to strengthen its position as Federal Reserve officials including Chair Jerome Powell reaffirmed that tighter monetary policy was...
Dollar Index Almost Reached its Highest Point Since April
The U.S. dollar rose in early European trade on June 21, keeping the positive tone generated last week thanks to Federal Reserve’s position. The...
U.S. Dollar Strengthened its Position Against Main Rivals
The U.S. dollar edged higher to a one-month high versus a basket of currencies on June 15. Inflation data helped to boost the world’s...
Dollar Fell Due to a Disappointing U.S. Jobs Report
The U.S. dollar declined to a more than two-month low against main peers on Monday after a weak U.S. employment report prompted investors to...
Dollar, U.S. Jobs Report, and the Federal Reserve
The U.S. dollar hovered near a two-week high on May 6, combining ahead of an important jobs report that may provide useful information on...
Subdued Treasury Yields Affected the U.S. Dollar
The U.S. dollar floated near multi-week lows against major peers on April 27, weighed by subdued Treasury yields ahead of the Federal Reserve’s policy...
Turkish Lira Recovered From Near an All-Time Low
The Turkish lira rebounded 1.5% on April 26 and recovered from near an all-time low as locals took advantage of recent weakness to sell...
Pound Gained From a Strong Retail Sales Data
The British pound rebounded on Friday from a sharp fall on Thursday, thanks to strong retail sales data as well as business surveys that...
Indian Rupee Fell to the Lowest Level Against the Dollar
The Indian rupee dropped 75 paise to 74.16 against the U.S. dollar on Wednesday. The rupee fell to the lowest point since November 20,...
Dollar Posted its Best Quarter Against Major Currencies
One of the world’s major currencies was largely steady on April 5, as investors analyzed last week’s strong U.S. employment report as well as...
Australian Dollar, American Counterpart, and Good Friday
The Australian dollar is struggling to strengthen its position against its American counterpart, as it alternates gains with losses vs. the U.S. dollar. As...
Euro is on Track for its Worth Month in a Long...
The U.S. dollar strengthened its position as a cautious market pushed investors to safety while the U.S. economic strength, as well as a rapid...
U.S. Dollar Benefited from Vaccines and U.S. Economic Data
The U.S. dollar is the most recognizable currency in the world, and this fact once more highlights its importance. Interestingly, the dollar traded near...
Pound Failed to Gain Ground Against the U.S. Dollar
The British pound is one of the most recognizable currencies in the world. Interestingly, the pound continues to lose ground against the U.S. dollar....