Forex News Category

Dollar Enfeeble, Pound on Course with the hope of economic recovery
February 15, 2021

Dollar Enfeeble, Pound on Course with the Hope of Economic Recovery   GBP/USD has reached a new 34-month high above 1.39 as the United kingdom triumph 15 million people with COVID vaccines with the investor hoping for more stimulus package will be passing by President Joe Biden following the trial of Formal President Trump End.

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The Dollar Up but with a Recorded Weekly Loss
February 12, 2021

The Dollar Up but with a Recorded Weekly Loss   The doubt on U.S. economy recovery headed the Dollar to its first weekly loss despite the high early in the day. The Dollar Index was up 0.1% at 90.487, however, keep falling 0.6% this week. The USD/JPY inched up 0.2% at 104.88. The EUR/USD slightly

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The Dollar Elevated With Inflation remaining As a Concern
February 11, 2021

The Dollar Elevated With Inflation remaining As a Concern   The Dollar was high on Thursday morning in Asia. However, remain hovered almost two-week lows. Investors generated hopes on small returns from the U.S. Currency, After the release of weak U.S. Inflation data, and The Fed Chairman Jerome Powell’s assurance to keep interest rate low

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The Uncertainty on U.S. Recovery languished Dollar
February 9, 2021

The Uncertainty on U.S. Recovery languished Dollar   The Dollar declined on Tuesday morning in Asia to the lowest level in a week as investors are suspicious about the faster coronavirus pandemic recovery. The U.S. Dollar Index inched down 0.8% to 90.868 against a basket of other currencies after the disappointing U.S. Jobs data on

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The Dollar Elevated Despite Disappointing Payroll data
February 8, 2021

The Dollar Elevated Despite Disappointing Payroll Data   The Dollar is up, getting stronger steadily. Jobs opportunity in the U.S. is unlikely lesser as per the newly published data. Traders are optimistic about U.S. consumer prices and Consumer Sentiment.   The Dollar slows down the speed, gradually trading against major currencies but at the higher

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