Amid speculation that the Bank of Japan had intervened, the U.S. dollar nudged up in early European trade on Monday. At the same time, the sterling gained as it appeared probable that Rishi Sunak would become prime minister of Britain. The Dollar Index compares the dollar to a basket of six other currencies. This index …
Despite Possible BOJ Intervention, the Dollar Rises Read More »
As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the dollar’s value to a basket of six other currencies. This index was 0.1% down at 109.297 …
The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s value against six other currencies. It rose 0.2% to 109.593 at 02:50 ET (06:50 GMT), not …
Yen Resumes Its Downward Trend, Will It Recover Soon? Read More »
Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT); after rising 1.5% overnight. In particular, the so-called “core CPI” increased by 0.6%. It exceeded expectations …
On Tuesday, the majority of Asian stock markets marginally increased as investors grew cautiously hopeful about impending data that indicated a persistent decrease in U.S. inflation. After the market closed on Tuesday, Japanese equities rose as increases in the railway & bus, transportation, and retail sectors drove up stock prices. The Nikkei 225 gained 0.25% …
The European stock market fell and the dollar continued to strengthen. New restrictions to curb the spread of the virus in China added to investor concerns about the global economy’s health. The Stoxx Europe 600 was down 0.6% in early trade after Chinese shares fell sharply amid new Covid-19 restrictions. Germany’s Dax fell 0.8%. USD/JPY …
Some significant changes have occurred in global markets this week. Harsh bear has influenced the crypto industry, causing other markets to struggle. How have Forex, Stocks, Crypto, and commodities performed this week? Our weekly overview will summarize this week’s market trends and outcomes. Forex Weekly Overview The U.S. dollar rose in early Asian trade on …
Weekly Overview: Forex, Stocks, Crypto, Commodity, June 17 Read More »
Global markets and trends change every day. Several big influencers cause price movements every second. How have Forex, Stocks, Cryptocurrencies, and Commodities performed this week? Our weekly overview will answer that question and summarize the week’s performance. Forex Weekly Overview The dollar rose in early Asian trade on Friday ahead of U.S. inflation data and after …
Weekly Overview: Forex, Stocks, Crypto, Commodities June 10 Read More »
Global markets and trends change every day. Several big influencers cause price movements every second. How are you doing this week in Forex, Stocks, Cryptocurrencies, and Commodities? Our weekly overview will answer this question and summarize this week’s overall market performance. Forex Weekly Overview The dollar edged lower in early European trade on Friday. Still, …
Weekly Overview: Forex, Stocks, Crypto, Commodities May 13 Read More »
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 …
Weekly Overview: Forex, Stocks, Crypto, Commodities May 6 Read More »
The dollar rose slightly against the Japanese yen on Monday morning in Asia, reaching as high as 119.3 yen, threatening the six-year high of 119.39 reached on Friday. By 11:47 p.m. E.T., the U.S. Dollar Index, which measures the dollar’s value against a basket of other currencies, had risen 0.05 percent to 98.278. (3:47 AM …
In Asia on Tuesday morning, the dollar, the Japanese yen, and the Australian dollar were all down. Lockdowns were imposed in several Chinese cities due to the recent COVID-19 outbreak. However, the attention remains squarely on the Federal Reserve’s March policy announcement. The US Dollar Index measures the dollar’s value against a basket of other …
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 …
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 …
The Canadian Dollar Stable, Russia Faces Penalties Read More »
The U.S. Dollar Index dragged down 0.07% to 95.766 by 9:56 PM ET. The USD/JPY pair went up 0.92% to 115.48. The AUD/USD pair stood up 0.25% to 0.7208, and the NZD/USD pair was up 0.35% to 0.6700. The USD/CNY pair inched down 0.08% to 6.3328, while the GBP/USD pair inched up 0.07% to 1.3591. …
The dollar is down as the U.S. denies Russian Ukraine claims Read More »
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