Fri, March 29, 2024

Forex trading

Dollar grapples ahead Fed minutes while gaining in Yen

Forex Markets: Dollar grapples ahead Fed minutes while gaining in Yen

The dollar struggles on facing its peers today, falling before the Federal Reserve’s (Feds) policy minute talk. However, it manages to gain on the yen when strong investor risk desires to rim the demand of the Japanese money. That makes the U.S. dollar up by 0.2 percent at about 110.83 yen. As the safe-haven currency …

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dollar bills piled on top of each other

Dollar Struggling over Trade War, Gov’t Shutdown

The dollar was restrained versus its peers on Thursday, limited by concerns over global growth, the US government shutdown, and a yet-unresolved US-China trade war. “Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows,” said Nick Twidale, who is the chief operating officer at Rakuten Securities. Twidale …

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Japanese money Yen bills and coins

Yen Slumps on Global Growth Risks and Trade Tensions

The safe-haven yen fell versus its peers on Wednesday as worries over slowing global growth and US trade tensions dampened investors’ appetite for riskier assets. The yen weakened by 0.3 percent versus the greenback to 109.73. Against the Aussie dollar, it slipped 0.5 percent. As widely anticipated, the Bank of Japan kept monetary policy unchanged …

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dollar bills piled up

Dollar Nears Two-Week High on IMF Cut over Global Growth

The dollar stayed close to its two-week highs against its peers on Tuesday as a slowdown in China’s economy to 28-year lows fueled fresh worries regarding global growth and prompted investors to move into safe-haven currencies. Overnight, the International Monetary Fund (IMF) slashed its 2019 and 2020 global growth forecasts, citing a bigger than expected …

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US dollar closeup shot

Dollar Struggles on Fed Rate Speculation

The dollar floundered for traction against other currencies on Tuesday, with investors increasingly convinced that the Federal Reserve will not raise interest rates this year amid risks of a sharper slowdown in global growth. Read more here!