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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...

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...

American Dollar Saw Limited Gains Yesterday

The American dollar found it difficult to rally in yesterday’s trading despite good sentiment about US-China trade deal.  The disappointing nonfarm payroll from last...

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...

Washington Backs Down, Safe-Haven Assets Retreat

Right after Washington pulled back and called for renewed diplomacy, safe-haven assets also pulled back in sessions. Good news came in yesterday after the...