Thu, December 08, 2022

USD/JPY

Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities May 6

Global markets and trends are changing each day. Some major influencers cause price movements each second. How have you performed Forex, Stocks, Crypto, and Commodity markets this week? Our weekly overview will answer this question and summarize this week’s overall market performance. Forex Weekly Overview The dollar rose for a fifth straight week against major …

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depreciating

Ukrainian Downplays the Hryvnia Depreciating

Despite Russia’s invasion of Ukraine, which began on February 24, the president’s economic adviser downplayed the chances of the hryvnia depreciating further on Saturday. Ukraine’s budget was completely financed, according to Oleg Ustenko; the country’s $27.5 billion in foreign exchange reserves will receive a refill. Ukraine has received emergency funding from the IMF and other …

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The Canadian Dollar Stable, Russia Faces Penalties

The Canadian Dollar Stable, Russia Faces Penalties

On Tuesday, investors considered the economic implications of Russia-Ukraine hostilities, and the price of oil, one of Canada’s main exports, gave up some of its earlier gains. After trading between 1.2719 and 1.2782, the loonie remained practically flat at 1.2750 to the US dollar or 78.43 cents. “The Canadian dollar has been primarily at the …

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

Ukraine Tensions, and The Fed’s Rate Debate Drag Euro Down

On Tuesday morning, the dollar was down in Asia as geopolitical worries over Ukraine weighed on the euro. However, the disagreement over how aggressively the US should raise interest rates limited the dollar’s losses. The US Dollar Index measures the greenback against a basket of other currencies. By 12:29 a.m. ET it dropped down 0.15 …

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The Dollar Rises As Rising Inflation Signals Rate Hikes

The Dollar Rises As Rising Inflation Signals Rate Hikes

   The dollar rose sharply on Friday, as rising consumer prices fueled predictions that the Federal Reserve will raise interest rates swiftly this year, beginning next month. The Dollar Index, which monitors the greenback against a basket of six other currencies, was 0.4 %higher at 95.915 at 2:55 a.m. ET (0755 GMT). Consumer prices in …

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Dollar Rises in Response to ECB And BOE Meetings Loom

Dollar Rises in Response to ECB And BOE Meetings Loom

The dollar crept higher on Thursday, aided by risk aversion following poor data from Meta Platforms, the parent company of Facebook (NASDAQ: FB). However, the attention will be on central bank meetings in the United Kingdom and Europe. The Dollar Index, which monitors the greenback against a basket of six other currencies, rose 0.2 percent …

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The dollar fell, Omicron concerns rise as case numbers grow

The dollar fell, Omicron concerns rise as case numbers grow

On Tuesday morning in Asia, the dollar remained down, staying below its recent high. Concerns about the new omicron variant, as well as a blow to Biden’s investment bill, also determined gains for riskier currencies. The U.S. Dollar Index decreased 0.06% to 96.466. The USD/JPY pair rose 0.11% to 113.68. The AUD/USD pair also rose …

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Iranian Rial sinks as nuclear talks appear to hit roadblock

Iranian Rial sinks as nuclear talks appear to hit roadblock

On Saturday, the Iranian Rial fell but continued to be over historic lows. It occurred after reported news was shared that world leaders’ plans to strengthen the 2015 Iran nuclear agreement might face difficulties. Indirect U.S.-Iranian discussions on keeping the 2015 Iran nuclear deal broke off this Friday until the following week, with European officials …

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