Forex News Category

The 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

The 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,

The 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

Dollar 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,

Pound 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