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Wednesday, January 27, 2021

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The Decline Of US Dollar With The Availability Of Vaccines

The US dollar depreciated in Asia this Wednesday morning. This followed after the hope for economic recovery around the globe was uplifted. This optimism...

Forex Exchange Rate: US Dollar Is Beaten By Pound

The US dollar had been negatively affected by the news of the coronavirus vaccine. On the other hand, the Pound rose higher at the...

Traders Observe The Decline Of US Dollar Due To Vaccine

The US dollar has been witnessing a continuous decline in the stock market as the traders in the Asian session continued to emphasize the...

The Pressure Of The Forex Grows On The US Dollar As Vaccines Get Tested

The US dollar has hit its lowest this week as the Forex- pressure increases with the economic restrictions that are going on in Europe...

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...

US Dollar Is On The Rise As COVID-19 Vaccine Is Eyed By Central Bankers

As of 12th November, Thursday, although the US dollar has witnessed an increase, the stock market has not been going so well. Although there...

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...

Japanese yen points to 104 as manufacturing PMI disappoints

The USD/JPY price declined even after the disappointing data from Japan. Manufacturing and services PMIs started the fourth quarter below 50. Headline consumer inflation rose to...

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...

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...
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