The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn
April 9, 2021The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn The Dollar Elevated in early European Trading Friday, however, lingered near two-week lows after disappointing job data, moreover, the Fed irresponsive behavior of not changing its ultra-easy monetary policy. The Dollar Index, Trace the greenback against a basket of six other currencies was high
Read moreThe Dollar Up with China’s Forex Reserves Fall
April 7, 2021The Dollar Up with China’s Forex Reserves Fall The U.S. Currency elevated in European Trading on Wednesday, However, the vigorous fall on bond yields resultantly lingered dollars near two-week lows even after strong U.S economic growth. The Dollar Index, The greenback was high 0.1% at 92.390 against a basket of six other currencies. USD/JPY
Read moreThe Dollar Elevated Anticipating Strong Economic Recovery
April 6, 2021The Dollar Elevated Anticipating Strong Economic Recovery The U.S. currency slightly higher versus its competitor on Tuesday. as Traders are on a positive note with the rapid increase in vaccination rollout in hope of economic recovery. The U.S. Bond yields tumbled, However, the movement could not be long-lasting because the increment in the rates
Read moreThe Dollar Steady as Employment Data keeps Buyer in Control
April 5, 2021The Dollar Steady as Employment Data keeps Buyer in Control The U.S. Dollar moving in a balanced form on Monday. The last week’s strong U.S. employment report keeps interested investors on the edge with looking forward to data on the U.S. services sector for the assurance of a firm economic bounce back from the
Read moreAUD/USD walks water above 0.7600
April 2, 2021AUD/USD walks water above 0.7600 AUD/USD clings to the consolidative mood above 0.7600. Support comes in at the YTD lows near 0.7530(Thursday). US NFP is looking forward to being in the limelight later on Friday. The Aussie Dollar alternates gains with losses vs its American Counterpart, leaving the price movement around AUD/USD side-lined over the
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