Forex News Category

May 4, 2021
Dollar High as regardless of Surprise fall in U.S. Manufacturing Data

Dollar High as regardless of Surprise fall in U.S. Manufacturing Data   The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of

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May 3, 2021
Dollar Constant as Traders Support for more U.S. Data

Dollar Constant as Traders Support for more U.S. Data   After its recent bounce on Monday, the Dollar straightened as investors made a cautious start to a week packed with central bank meetings and U.S. economic data, anticipating evidence on the global inflation outlook and policymakers’ responses. Trade was reduced by holidays in Japan, China,

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April 30, 2021
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance

The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance   The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces

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April 29, 2021
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy

Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy   The Dollar declined on Thursday morning in Asia, as the U.S. Federal permit in its most advanced policy decision the global reflation trade with persistently aggressive monetary policy. The U.S. Dollar Index traces the greenback against a basket of other major currencies slightly down

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April 28, 2021
Dollar Elevated with Expectations on Fed Policy Decision

Dollar Elevated with Expectations on Fed Policy Decision   The Dollar inclined on Wednesday Morning in Asia after the U.S. Federal Reserve’s announcement of latest policy decision and Joe Biden’s spoke in front of a collective assembly of Congress, is going to happen later in the day. The U.S. Dollar Index traces the greenback against

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