Category: Forex
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “The Aussie dollar and the euro are at vulnerable levels right now and further dampening in risk sentiment can lead to further downside in these currencies.” The dollar […]
Forex Currency: The dollar losses against its major rivals on Thursday, with three-week lows after the Federal Reserve dialed back its predictions of future rate hikes this year, amid increasing uncertainty over the global economic outlook. The Fed left interest rates on hold at the conclusion of its meeting on Wednesday. It would be “patient” […]
The yen strengthened versus its peers on Tuesday, as investors took refuge in safe-haven assets after the U.S. Justice Department charged China’s Huawei Technologies Co Ltd with fraud, ratcheting up U.S.-Sino trade tensions. The United States has filed criminal charges against Huawei, escalating its fight against the Chinese tech giant and potentially complicating efforts by […]
The euro was down on Monday as investors bought the dollar and prepared for volatile markets ahead of U.S.-China trade talks and a Federal Reserve policy decision. Dollar is higher as investors brace for volatile markets The dollar index, a gauge of its value versus six major peers was marginally higher at 95.896, after being down […]
The dollar was hamstrung versus its rivals on Thursday, restrained by concerns over global growth, the U.S. government shutdown and a yet-unresolved U.S.-Sino trade dispute. “Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows,” said Nick Twidale, chief operating officer at Rakuten Securities. The Aussie dollarwas a big mover […]
U.S. dollar steady against other major currencies on Wednesday. The yen was lower as risk sentiment improved, but concerns over slowing global growth and U.S-China trade tensions looked likely to keep gains in riskier assets in check. The U.S dollar index, which measures the grennback’s strenght against a basket of six major currencies, was at […]
The dollar held steady near a two-week high against other major currencies on Monday, as investor risk appetite held up despite the latest data showing China’s 2018 economic growth slowing to a near three-decade low. The dollar index, which measures its strength against a group of six major currencies, was steady at 96.308 (DXY) after being […]
The dollar rose against most of its peers on Monday, although heightened investor expectations that the Federal Reserve will not raise rates this year are most likely to cap the greenback’s gains. The Australian dollarAnd New Zealand dollar edged lower versus the dollar in early Asian trade, falling 0.2 percent and 0.1 percent, respectively. Both […]
The dollar was under pressure early on Thursday after Federal Reserve will pause its rate tightening cycle this year while China-US trade talks reduce demand for safe-haven assets. “The Fed has acknowledged market concerns with its language. The markets are clearly reading into this as a more accommodative stance,” said Michael McCarthy, chief markets strategist […]
