Fri, March 29, 2024

Forex trading

Ukraine Tensions, And The Fed's Rate Debate Drag Euro Down

U.S. Dollar is Struggling to Overcome Challenges

The U.S. currency was pinned near recent lows on Wednesday as investors awaited U.S. jobs data for a guide regarding the interest rate outlook. Meanwhile, a decline in unemployment in New Zealand lifted the local dollar in anticipation that rate hikes could begin there within weeks. Central bankers from Wellington to Washington are monitoring labor …

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Dollar

Dollar Suffered Losses Ahead of the Latest U.S. Jobs Report

The U.S. dollar declined on Monday morning in Asia. The U.S. currency opened a busy week ahead, including the latest U.S. jobs report as well as the Reserve Bank of Australia’s policy decision, just above a one-month low. The dollar index that tracks the U.S. currency against a basket of other currencies declined 0.12% to …

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U.S. dollar fell Tuesday. What about the Euro and Sterling?

Dollar is on Track for its Worst Week Since May

The world’s reserve currency traded near a one-month low on Friday. The U.S. dollar is on course for its worst weekly performance since May as dovish remarks by the Federal Reserve together with underwhelming economic data took the steam out of a month-long rally. The dollar index, which measures the greenback’s performance against a basket …

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weekly overview, Southeast Asian stocks ended with gains

Weekly overview: Forex, Crypto, Stocks, Commodities Jul 30

The world economy started to recover gradually as vaccination goes smoothly in most of the countries. Some industries find it a positive effect, while some of them still follow decreasing trends. Let’s summarize this week’s outcomes for Forex, Crypto, Stocks, and Commodities. Forex weekly overview Forex still struggles with competing in the post-covid situation. The …

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U.S. stock news, Federal Reserve, dollar

Dollar Fell to a One-Month Low After Fed’s Meeting

The U.S. currency dropped to a one-month low on Thursday after the central banks’ reassurance that interest rate hikes remain distant. The central bank’s position gave the main boost to most other currencies from the Australian dollar to the Chinese yuan. A month of gains for the greenback had already lost momentum leading in to …

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dollar

Dollar Resumed its March Towards a 3-½ Month High

ForeThe U.S. dollar demonstrated its strength on Tuesday. The greenback resumed its march towards a 3-½ month high as a Federal Reserve meeting got underway with risk appetite broadly subdued, leaving the Australian dollar and yuan struggling due to widening regulatory crackdown in the People’s Republic of China. The dollar index which tracks the greenback …

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Russian Crypto market and Binance

Binance Decided to Limit Its Crypto Margin Trading Services

Binance made an important announcement on Monday. The world’s largest cryptocurrency exchange would stop offering cryptocurrency margin trading involving euro, sterling, and the Australian dollar. The company’s decision to limit its services comes as a string of regulators across the globe issued warnings about the platform and some of the services it offers. It will …

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shares market, Major Forex Trading Hubs in the World

Weekly Overview: Forex, Stocks, Crypto, Commodities Jul 23

Covid-19, with its new variants, remains the hot topic status for every industry, every field. The influence still is strong on the forex, cryptocurrencies, stocks, and commodities markets. Let’s sum up the weekly updates of each sphere. Forex market weekly overview After a few days of turbulence, the U.S. dollar rose for the second consecutive …

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Wibest – USD Dollar: US dollar bills

U.S. Dollar Traded Unchanged Ahead of ECB Meeting 

The dollar traded mostly unchanged in early European trading, on the back foot as risk appetite returned to foreign exchange markets ahead of the European Central Bank’s policy-setting meeting. The dollar index which tracks the U.S. currency against a basket of six other currencies traded at 92.767. The EUR/USD gained 0.1% to 1.1797, climbing from …

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Dollar Fall

U.S. Dollar Was Unable to Cope with Challenges

The U.S. currency erased earlier gains on July 20 as global markets steadied after an overnight selloff. Popular reflation trades in the $6.6 trillion a day currency markets were under pressure due to fears regarding a stalled global recovery. Against a basket of major currencies, the dollar index dipped into negative territory after touching an …

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weekly overview, 24Option: Stock market digital graph chart on LED display.

Weekly Overview: Forex, Crypto, Stocks, Commodities Jul 16

Forex weekly overview This week went quite interestingly for the U.S. dollar and euro. The euro-dollar exchange rate closed at 1.1835 US dollars after a high of 1.1839 U.S. dollars and a low of 1.1772 U.S. dollars. The direct currency pair gained support and reversed its trend, rising on the day. Due to the renewed …

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The Dollar Surges as Investors Anticipate greater rate hikes

Dollar Traded Largely Unchanged on Thursday Morning

The U.S. dollar traded largely unchanged in Europe on early Thursday, stabilizing after Wednesday’s weakness following Fed Chair Jerome Powell’s speech in Congress. Powell insisted that it was too soon to withdraw the Federal Reserve’s monetary support for the economy. At 2 AM ET, the dollar index, which tracks the U.S. currency against a basket …

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