Forex News Category

Unexpected Jobs Data halt Safe-haven Dollar Momentum   The Dollar Steadied after the biggest loss in 10 days following the recent release of disappointing U.S. labor data hampered the hope of ruptured economic recovery from the COVID-19 Pandemic. The U.S. Dollar gradually claiming its Safe-Haven asset position, however, the unexpected inclination of U.S. jobless claims

The Dollar on Front Foot, Hits Five-Month High   The Dollar’s sudden transition against low-yielding currencies headed to its strongest position on Wednesday. Inflation Talks leads U.S. bonds to climb.   The dollar climbed a five-month high against the Yen because of the expectation of further economic recovery as U.S. bond yields bounce, additionally, investors’

The Dollar Gloomy amid Global Economic Recovery Hopes   The USD slipping in continuation. Pound outshines with the record high.   The Safe-Haven Dollar declined to a three-week low on Tuesday as traders are turning towards risker Currencies on economic recovery determination. While Pound climbs nearly three-year high in the hopes of vaccination rollout, gains

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.

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