The Dollar Elevated Amid Treasuries Yield Rise
March 4, 2021The Dollar Elevated Amid Treasuries Yield Rise The Dollar Slightly up on Thursday morning in Asia following hitting a seven-month high against the yen. The U.S. Currencies would continue to gain against the Yen and Treasury yields pursue to rise systematically. Fed Chairman Jerome Powell is ready to give a speech on the second
Read moreThe Steady U.S. Bond Yields Drive Dollar to its Lowest
March 1, 2021The Steady U.S. Bond Yields Drive Dollar to its Lowest The Dollar dropped on Monday morning in Asia as the riskier currencies including the Australian dollar recovered the loss against U.S. Dollar as the result of the previous week’s aggressive selloff in global bonds. After the Asian trade starts on Monday the U.S. currency,
Read moreThe Dollar Elevated as Spike in U.S. Treasury Yields
February 26, 2021The Dollar Elevated as Spike in U.S. Treasury Yields The USD/JPY pair slightly down 0.1% to 106.20. The AUD/USD inched down 0.17% to 0.7859. The NZD/USD pair inched down 0.43% to 0.7340. The USD/CNY pair was slightly up 0.28% to 6.4720. The GBP/USD pair was inched down 0.42% to 1.3954. The U.S. Dollar
Read moreDollar Downtrend Continues after Powell’s Peaceful Statement
February 25, 2021Dollar Downtrend Continues after Powell’s Peaceful Statement The Dollar dropped on Thursday near a three-year low against the Australian dollar and Canadian dollar after Federal Reserve Chairman Jerome Powell continued his semi-annual testimony to Congress on Wednesday restated the statement that the central bank will not tighten the policy until the U.S economy improves,
Read morePound Outshines against Euro Since 2015
February 24, 2021Pound Outshines against Euro Since 2015 The British pound hold on to its winning situation in 5 and half years after the Telegraph published the report stating the fastest exit from lockdown as U.K vaccination rollout seems to be better than expected. The euro fell to 0.8% to 85.41 pence tumbling to the ninth
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