Forex News Category

A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the U.S Dollar in Focus
May 21, 2021

A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the U.S Dollar in Focus Technical Market Analysis EUR/USD Looking out to the pair, the price has already given the dip of 30 pips as the US dollar strengthened, by the mid of Thursday noon EUR/USD had been pushed up by the SMA

Read more
The Dollar weakened as Fed Minutes Sign at Narrow Discussion
May 20, 2021

The Dollar weakened as Fed Minutes Sign at Narrow Discussion   The dollar dropped on Thursday morning in Asia as the U.S. Federal Reserve meeting minutes unveiled that policymakers recommended a slowdown of bond purchase due to a sign of hastening inflation. The U.S. Dollar Index traces the greenback against a basket of other currencies

Read more
Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict
May 19, 2021

Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict   The Dollar Stabilized versus major currencies on Wednesday as traders were waiting for U.S. Federal Reserve minutes, Although bitcoin dropped after China halted its financial institutions from offering services related to cryptocurrency assets. The minutes from the Fed’s most recent meeting is going to

Read more
Dollar Declined as Investors speculate on the U.S. Interest Rate Staying lower
May 18, 2021

Dollar Declined as Investors speculate on the U.S. Interest Rate Staying lower   The dollar slipped on Tuesday morning in Asia, hitting a six-year low against its Canadian counterpart and hanging close to multi-month lows against European currencies because investors are expecting that up bets the U.S. Federal Reserve would not lift interest rates. The

Read more
Dollar Higher Over Asian Covid-19 Upsurge Concerns
May 17, 2021

Dollar Higher Over Asian Covid-19 Upsurge Concerns   The Dollar elevated on Monday morning in Asia amid distresses caused by fresh COVID-19 cases in some Asian Countries. Notwithstanding, investors are densely positioning for a drop in the U.S. currency as the U.S. Federal Reserve holds to its current dovish policy. The U.S. dollar index traces

Read more