Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict
Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict The Dollar Stabilized versus major currencies on Wednesday as traders were waiting for U.S. Federal Reserve minutes, Although bitcoin dropped after China halted its financial institutions from offering services related to cryptocurrency assets. The minutes from the Fed’s most recent meeting is going to […]
Everything you need to know about Stop Loss And its Importance?
Everything you need to know about Stop Loss And its Importance? The spontaneous closing of our trade when the price touches a specific level is Stop loss. Normally, when an order is opened we have the option to enter our stop loss level. There are 2 types, if we place a sales order then […]
Dollar Higher Over Asian Covid-19 Upsurge Concerns
Dollar Higher Over Asian Covid-19 Upsurge Concerns The Dollar elevated on Monday morning in Asia amid distresses caused by fresh COVID-19 cases in some Asian Countries. Notwithstanding, investors are densely positioning for a drop in the U.S. currency as the U.S. Federal Reserve holds to its current dovish policy. The U.S. dollar index traces […]
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 […]
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 […]
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 […]
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks Asian Shares and U.S. Stock Futures declined on Wednesday as concern about the renewal of COVID-19 cases in some countries creates an immense tension over the strength of global growth and demand for crude oil. Euro stoxx 50 futures up 0.28%, Germany’s DAX futures […]
The Dollar Ascended As Traders Awaits for Inflation Data
The Dollar Ascended As Traders Awaits for Inflation Data The Dollar Elevated against the major currency on Tuesday following almost a three-week low, Cheered by a bump in Treasury Yields, as traders were looking for the strong anticipated U.S Inflation Data later in the day. The greenback has moved back alongside U.S. yields this […]
The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn
The Dollar Hovered Low Despite Gains, Fed Policy Remains Stubborn The Dollar Elevated in early European Trading Friday, however, lingered near two-week lows after disappointing job data, moreover, the Fed irresponsive behavior of not changing its ultra-easy monetary policy. The Dollar Index, Trace the greenback against a basket of six other currencies was high […]
The Dollar Up with China’s Forex Reserves Fall
The Dollar Up with China’s Forex Reserves Fall The U.S. Currency elevated in European Trading on Wednesday, However, the vigorous fall on bond yields resultantly lingered dollars near two-week lows even after strong U.S economic growth. The Dollar Index, The greenback was high 0.1% at 92.390 against a basket of six other currencies. USD/JPY […]
The Dollar Trembled following Fed Remains its Peaceful Policy Decision
The Dollar Trembled following Fed Remains its Peaceful Policy Decision The Dollar wobbled on Thursday morning in Asia. The U.S. Federal Reserve stop the speculation of no hurry to increase the interest rates through all of 2023 even after the prompt economic recovery. The USD/CNY pair edged down 0.14% to 6.4948 and the GBP/USD […]
The Dollar Elevated Cautious trading ahead of Fed Meets
The Dollar Elevated Cautious trading ahead of Fed Meets The Dollar was slightly higher in early European trading Tuesday along with Asia, hang on to small gains amid a central bank meeting, advertize by the U.S. Federal Reserve’s two-day gathering that starts later in the day. The U.S. Dollar Index inched up 0.05% to […]
Dollar gets the Benefit Amid Economic Recovery; get Support from Bond Rise
Dollar gets the Benefit Amid Economic Recovery; get Support from Bond Rise Overall performance of Dollar is under control due to the rise in Bond The Swiss Franc declined to 0.9369 per Dollar. The GBP slightly up 0.1% to $1.3834, with a three-week low of $1.3779 on Friday. The USD inclined to 109.235 against […]
The Decline in European Stock Futures; New COVID-19 Warning
The Decline in European Stock Futures; New COVID-19 Warning European Stock Markets opens on a lower note on Tuesday. Investors are looking forward to the fresh COVID-19 cases. DAX Futures contract in Germany dropped 0.6%. CAC 40 futures in France declined 0.2. FTSE 100 futures in the United Kingdom fall off 0.3%. Many European […]
Unexpected Jobs Data halt Safe-haven Dollar Momentum
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 Elevated Despite Disappointing Payroll data
The Dollar Elevated Despite Disappointing Payroll Data The Dollar is up, getting stronger steadily. Jobs opportunity in the U.S. is unlikely lesser as per the newly published data. Traders are optimistic about U.S. consumer prices and Consumer Sentiment. The Dollar slows down the speed, gradually trading against major currencies but at the higher […]
Dollar Elevated with Rising Treasury Yields and Stimulus Measure
Dollar Elevated with Rising Treasury Yields and Stimulus Measure The Dollar persistence high on the global market regains its glory. Treasury yields outshine 1% for the very first time since March. The anticipation of large stimulus measures drove the U.S Treasury yields higher, roses 1.148% during the last session. Resultantly, The U.S. Dollar continues […]
Dollar Ascent, Investors anticipates Final Verdict of Georgia Election
Dollar Ascent, Investors anticipates Final Verdict of Georgia Election Traders are hanging tight for the result of a senate election in Georgia which would determine the future market. Therefore, The U.S Dollar is in a halt situation in the Asian Market on Wednesday. Besides, The dollar had plunged across a major support level against […]