The euro rose briefly versus the dollar and the pound on Thursday. The currency began gaining after the European Central Bank announced a 750 billion euro asset-purchase program in response to the coronavirus outbreak. The sterling, on the other hand, plummeted near to its lowest point since at least 1985 against the U.S. dollar. The …
Euro Rose Against the U.S. Dollar; What About Sterling? Read More »
The U.S. dollar fell insignificantly on Wednesday after the central bank took measures to ease some of the funding squeezes. However, the currency managed to retain most of the gains from the overnight when it hit high due to the mounting fears about the fallout from the coronavirus crisis. As the pandemic spreads, lots of …
U.S. Dollar Lowers Again While Pound and Yen Rise Moderately Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHUF The Hungarian forint is steadying against the US dollar after bulls forced the pair to reach its strongest level yet. The 50-day moving average appears to be climbing higher and farther away from …
European currencies lowered during the last days. The euro fell by 0.5% to $1.1130 on Tuesday. The sterling also dropped down to its weakest point since September, declining by 0.6% at $1.2192. Analysts think that trading had been relatively orderly on the forex markets despite the large moves and poor liquidity. However, volatility has doubled …
Euro and Aussie Declined. What About the U.S. Dollar? Read More »
The U.S. dollar rose again on Tuesday, rebounding versus the Japanese yen and hitting new highs against riskier currencies. It seems, traders chose the most liquid currency amidst very fragile sentiment. Investors are very concerned as the market liquidity was tight and coordinated moves by central banks failed to subdue anxiety about the coronavirus pandemic. …
The U.S. Dollar Recovers After The Fall Down on Monday Read More »
The Chinese Yuan rose slightly after the dollar fell again. The yuan traded at 7.0131 per dollar in the offshore market, as bulls awaited key Chinese economic data. China planned to release several important economic indicators that should reveal the scale of damage caused by the coronavirus late on Monday. Meanwhile, the Reserve Bank of …
The Chinese Yuan rose slightly against the U.S. Dollar Read More »
The U.S. dollar declined against a whole basket of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut. Major central banks also took steps to relieve the shortage of dollars in financial markets, serving as another catalyst. The dollar dropped by 1.5% to 106.35 yen early on Monday in reaction …
U.S. dollar fell against Yen and Euro due to Fed rate cut Read More »
The U.S. dollar increased against commodity currencies after a recent downfall. It fell a few days ago after the World Health Organization named the outbreak as a pandemic, causing panic among investors. Australia announced it would pump 11 billion Aussies in fiscal stimulus into its economy by June, trying to combat the virus’ impact. Nonetheless, …
U.S. Dollar Rose, The Aussie Lowered, But How About Euro? Read More »
The U.S. dollar strongly fluctuated during the last few weeks. At first, it was rallying due to the good data and safe-haven status. However, after the coronavirus spread in America, the currency fell sharply. The traders and investors were waiting for authorities to see what measure they would employ against the epidemy. However, they were …
Dollar Falls after Trump Bans Travel from Europe to the U.S. Read More »
The U.S. dollar declined by 1% to the 103.32 yen. It has also fallen as much as 0.6% to $1.1333 against the euro. While losing 0.6% to the safe-haven Swiss franc. The greenback lowered significantly during the last few days. However, the currency fell further on Thursday as the investors were disappointed by the U.S. …
U.S. Dollar Slid as Trump’s Statements Disappointed Bulls Read More »
The safe-haven currencies, the Japanese yen, and the Swiss franc gained on Wednesday, while the U.S. dollar declined. The yen rose against the dollar by 0.6% to 104.98 yen, high almost a full yen. The Swiss franc also increased by 0.25% to 0.9369 francs per dollar. However, the euro was steady at $1.1304, climbing up …
Safe-Haven Currencies Gain. The U.S. Dollar Still Low Read More »
The U.S. dollar declined again after the short rebound on Tuesday, caused by the coronavirus concerns. It lowered versus other safe-haven currencies, such as the Japanese yen and Swiss franc on Wednesday. The stocks and currencies collapsed on Monday after the pandemic fear spread. However, the investors and traders hoped that the governments would take …
U.S. Dollar Lowered Against Safe-Haven Currencies Read More »
The Japanese yen lowered sharply on Tuesday. The currency traded at 104 yen per dollar at last. The yen fell against the other major currencies, too, the euro and the Australian dollar among them. The U.S. dollar, on the other hand, recovered from the last few weeks lows. It rose by 0.2% to 95.613 against …
The Japanese Yen Fell While the U.S. Dollar Soared Read More »
The U.S. dollar rebounded after the last few weeks lows on Tuesday. It traded at record lows against the Japanese Yen and other currencies before. However, the dollar rose by 0.2% to 95.613 against a basket of currencies. It rallied against the yen at 104.28, increasing by 1.9%, which is considerably high than Monday’s 101.18 …
U.S. Dollar Recovered But What About Japanese Yen? Read More »
The Japanese yen skyrocketed during the last days. The currency rose by 9.4% in a dozen trading days. And it is climbing to its largest three-day gain since the 2008 financial crisis. However, it’s not good news for policymakers in Japan. The exporters are also concerned, observing the trade closely. Meanwhile, the Australian Dollar fell …
Japanese Yen hit three-days high. U.S. Dollar remains low Read More »
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