Tag: Currency
Dollar’s Make-Or-Break Point
The dollar index is near the peaks of March 2020 and January 2017. Investors and traders have pushed the dollar to a vital turning...
Cryptocurrencies See Short Term Bubble; Long Term Staying Power
The valuations and varieties of crypto-assets now available have raised fears of an overheated market
However, with smart regulation and further innovation, crypto-assets...
The Downfall of the U.S. Dollar
The current political standstill in the U.S. can have two main results in terms of the international monetary currency. The first of them is...
Dollar falls sharply on fiscal-cliff deal
Yesterday the US fiscal cliff turmoil came closer to its end as the House of Representatives passed legislation for new tax increases, concerning wealthier...
EU growth concerns send riskier assets tumbling
Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the...
Euro rose against the dollar, yen on Friday
ECB President Mario Draghi sticks to his promise to do everything in his powers to preserve the euro. He revealed a new and potentially...
Dollar gains as central banks stay put
The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...
Crude Oil Trades Near 29-Month High as Middle East Unrest Continues
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As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...
US Dollar Remains Weak despite Dip in Commodity Prices
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
USD May Turn Bullish Today
Following yesterday's losses, the US dollar has the potential to stage a bullish correction today providing that this week's Unemployment Claims figure comes in...
Dollar Falls as Risk Appetite Rises
The euro gained against the U.S. dollar and Japanese yen in late trading Tuesday as stronger Japanese equities prompted investors to buy back the...
Dollar Rallies on US Employment Data
The dollar was up versus the major currencies following disappointing non-farm payrolls numbers, highlighting the difficulties the Federal Reserve faces in reducing US unemployment.
USD
Non-Farm...
Further Bearish Movement Expected for USD Today
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...
Euro Reaches Two-Month High Against USD
The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as...
EUR Dives from Investor Pessimism
The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...
US Dollar gains from reduction in US federal deficit
A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...
Dollar weakness continues during the week
The euro came off its New Year's low following a rise in equities and a decision by Japan to buy European bonds that were...