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Saturday, January 23, 2021

Dollar

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US dollar keeps Fluctuating, Equity Sees A Slight Drop During The Session

The US dollar has been doing mixed business throughout the day while the franc, euro, and yen did slightly better. Nonetheless, the US dollar...

Dollar index rises ahead of blockbuster US Q3 GDP data

The US dollar index (DXY) is rising today as traders wait for the first estimate of US Q3 GDP. Analysts expect the data to show...

Canadian dollar falls ahead of BOC interest rate decision

The USD/CAD pair rose ahead of the Bank of Canada interest rate decision. Analysts expect the bank to leave interest rates and QE unchanged. It is...

Here’s where the dollar is heading if Joe Biden wins

A Joe Biden win in the elections could eventually lead to the dollar devaluation trend in the next few years Stephen Roach, an economist, forecasts...

3 reasons why the US dollar index is soaring today

The US dollar index has risen by 0.15% today and erased some of its yesterday's losses. The index is reacting to news the latest news...

Weak US dollar pushes Canadian dollar to a 7-week high

The USD/CAD price is falling today as investors react to Canadian inflation data. The headline consumer price index rose by 0.5% in September while the...

US dollar index falls ahead of housing starts data

The US dollar index declined as investors continued focusing on stimulus talks between White House and Pelosi. Analysts believe that the deal is not possible...

US dollar index rallies ahead of mild retail sales data

The US dollar index (DXY) is rallying as the market reacts to the rising number of Covid-19 cases. Cases have been rising in European and...

US dollar index ranging as bank earnings gets underway

The US dollar index is little changed today as the market reacts to US bank earnings. Goldman Sachs, JP Morgan, and Citi released better earnings...

US dollar index in a tight range ahead of the US earnings season

The US dollar index (DXY) is little changed as investors react to the impasse on US stimulus talks. The White House, House of Representatives, and...
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