Market News

MARKET NEWS

May 11, 2021
Dollar Up, Commodity Currencies Restrict Gains

Dollar Up, Commodity Currencies Restrict Gains   The dollar gains in early European trade Tuesday, however, gains were completed by the strength of commodity currencies on the back of rises in the prices of oil and base metals. The U.S. Dollar Index traces the greenback against a basket of other currencies crawled down 0.06% to

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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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