Tag: GBP/USD
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...
U.S. Dollar Rose Thanks to a Combination of Factors
The U.S. currency was up but remained below its recent highs on Wednesday morning in Asia. The dollar rose on Wednesday morning thanks to...
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...
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...
U.S. Dollar Rose on Friday Morning Thanks to Investors
The U.S. currency rose in early European trade on Friday with the dollar benefiting from investors becoming more risk-averse on concerns of the global...
Dollar is Unable to Overcome Post Nonfarm Payrolls Weakness
The dollar declined in early European trade on Tuesday, continuing its post nonfarm payrolls weakness. Other currencies, Australian and New Zealand dollars, rose amid...
Latest U.S. Jobs Report and its Impact on Dollar
The dollar fell on Monday morning in Asia, hitting a pause on its recent gains, after the U.S. jobs report helped to soothe concerns...
Dollar Fell Ahead of U.S. Jobs Report for June
The dollar declined on Wednesday morning in Asia but clutched onto its recent gains. Investors reacted to the spread of Covid-19’s more virulent Delta...
Dollar Rose but Remained Below a Two-Month High on Tuesday
The U.S. dollar was up but remained below its best result in two months on Tuesday morning in Asia. Investors are waiting for the...
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...
Federal Reserve’s Hawkish Tone and its impact on Dollar
The U.S. dollar once more demonstrated its strength on Friday, as it edged higher in early European trade, continuing to benefit from the Federal...
Dollar Fell But is Still Close to a One-Month High
The U.S. dollar suffered minor losses in early European trade on Wednesday but remained near a one-month high as traders warily await the latest...
Dollar Rose as Investors Digested China’s Services Data
The U.S. dollar was up on Thursday morning in Asia as investors reacted to China’s Caixin services data while awaiting key U.S. economic data...
Major Forex Trading Hubs in the World
The foreign exchange market is open hours a day, and forex (FX) is the largest financial market in the world. Unlike the London stock...
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....