Forex News Category

Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE
May 6, 2021

Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE   The dollar slipped from a two-week high on Thursday as global market risk appetite improved, on the other hand, traders concentrated on a Bank of England meeting and economic data that might give some hints on when the U.S. Federal Reserve sway dial back

Read more
The Dollar Climbs Highest in over Two Weeks
May 5, 2021

The Dollar Climbs Highest in over Two Weeks   The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at

Read more
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data
May 4, 2021

Dollar High as regardless of Surprise fall in U.S. Manufacturing Data   The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of

Read more
Dollar Constant as Traders Support for more U.S. Data
May 3, 2021

Dollar Constant as Traders Support for more U.S. Data   After its recent bounce on Monday, the Dollar straightened as investors made a cautious start to a week packed with central bank meetings and U.S. economic data, anticipating evidence on the global inflation outlook and policymakers’ responses. Trade was reduced by holidays in Japan, China,

Read more
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance
April 30, 2021

The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance   The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces

Read more