Fri, March 29, 2024

USD/JPY

Close up views of dollar banknotes.

Dollar Down Over Pandemic Concerns, Stimulus Stalemate

The dollar was down on Friday morning in Asia’s forex market. It  continues a downward trend despite investors turning to safe-haven assets.  The plunge was due to the surging number of global COVID-19 cases.  Additionally, the U.S. Congress’ stall on passing further stimulus measures ahead of the Nov. 3 presidential election. The U.S. Dollar Index …

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US dollar banknotes close up.

Dollar Rises Despite Optimism on US Stimulus | Wibest Broker

The dollar rose on Tuesday morning in Asia’s forex exchange, despite edging closer to three-week lows. Some investors continue to hold onto hopes of large U.S. stimulus measures. They expect to prop up the COVID-19 ravaged economy after the presidential election on Nov. 3.  Nikko Securities chief currency and foreign bond strategist Makoto Noji said …

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dollar, 100 USD on wooden table.

Dollar Rises as U.S. Stimulus Talks Stall | Wibest Broker

The dollar rose on Monday morning in Asian forex exchange. Talks over the latest stimulus measures in the U.S. were struggling. The yuan plunged after the Chinese central bank announced measures to curb the currency’s strength.  The U.S. Dollar Index climbed 0.10% to 93.108 rebounding from Friday’s losses, its biggest in six weeks. Forex investors …

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Charts

Daily Market Charts and Analysis September 29, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD Most economists are waiting for how the dollar would react to the United States’ presidential debate on Wednesday. The greenback is more likely to increase if the republican party takes the lead. In …

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Charts

Daily Market Charts and Analysis September 10, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURAUD Surprisingly enough, Victoria, Australia’s costly coronavirus surge isn’t projected to push its currency lower than others. This is because the euro has been waving over markets’ attention to its own currency. The European …

Daily Market Charts and Analysis September 10, 2020 Read More »

Charts

Daily Market Charts and Analysis August 24, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF  Switzerland launched another quarantine lockdown for several Swiss cities last week, which undoubtedly prompts a disadvantage for its economy in the long run. However, a more pressing matter is bound to take over …

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Daily Market Charts and Analysis July 14, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURAUD The euro to Australian dollar trading pair slightly eases this Tuesday as bearish investors gain support from the better than expected performance of the Australian economy last month. Despite that, the pair’s trajectory …

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Charts

Daily Market Charts and Analysis June 25, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The euro to US dollar exchange rate is currently flirting with a critical support level this Thursday. The pair is struggling to break past it, fortunately enough for bearish investors, prices are projected …

Daily Market Charts and Analysis June 25, 2020 Read More »