Forex News Category

The Dollar Outshines With the best Weekly Gain
February 5, 2021

The Dollar Outshines With the best Weekly Gain   In the hope of economic recovery, investors are showing confidence in U.S. currency. Resultantly, the Dollar leads to the highest gain in three months on Friday. The US Dollar Index inched down 0.5% to 91.507. The Positive employment figures cast a major impact on the Index

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The Dollar up, BOE dominates over British Pound
February 4, 2021

The Dollar up, BOE dominates over British Pound   The Dollar is alive and kicking against major currencies. The BOE policy is closely monitored by the investors for future trade. A hefty fiscal measure seems to have a positive impact on the United States economy.   The U.S. currency is overpowering Euro and Yen on

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Dollar Elevated in the Hope COVID-19 Recovery, Euro Agonize Growth Disparity
February 3, 2021

Dollar Elevated in the Hope COVID-19 Recovery, Euro Agonize Growth Disparity   The Dollar was moderately high on Wednesday morning in Asia, trading almost a two-month high against the Euro as traders are worried because of the ongoing circumstances of Europe‚Äôs pandemic recovery. The Gross Domestic Product in the 19 countries sharing euro declined by

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Euro Overnight Selloff benefits Dollar notwithstanding U.S. Currency still Topple
February 2, 2021

Euro Overnight Selloff benefits Dollar notwithstanding U.S. Currency still Topple   The Dollar was down on Tuesday morning in Asia however, hanging at the seven-week highs. The Dollar gets an advantage from an overnight euro selloff. The Euro Declined to two-and-a-half lows overnight because of the weak German retail sales figures. The rising no of

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The Conflict between Hedge Funds and Retails Investors wretched Dollar
February 1, 2021

The Conflict between Hedge Funds and Retails Investors wretched Dollar   The Dollar sovereignty is at stake. Wall Street battle on Hedge Funds and Retails Investor continues. Republicans on negotiations with democrats over the Stimulus package.   The Dollar was edged down on Monday morning in Asia with investors are taking caution because of the

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