Market News

MARKET NEWS

May 10, 2021
Dollar Soothes after Beating U.S. Jobs Report

Dollar Soothes after Beating U.S. Jobs Report   The U.S. dollar aided losses near 2-1/2 month lows on Monday as a bitter U.S. employment report advised investors to unwrap their increasing long positions in the U.S currency. The United States developed a little more than a quarter of the jobs that economists had anticipated last

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May 6, 2021
Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE

Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE   The dollar slipped from a two-week high on Thursday as global market risk appetite improved, on the other hand, traders concentrated on a Bank of England meeting and economic data that might give some hints on when the U.S. Federal Reserve sway dial back

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May 5, 2021
The Dollar Climbs Highest in over Two Weeks

The Dollar Climbs Highest in over Two Weeks   The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at

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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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