News
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25November, 2020
Dollar Weakens as Risk-Appetite Increases
By bsuper |No Comments On Wednesday morning, the dollar nursed losses against a basket of major currencies as progress in the COVID-19 vaccines are on a positive mood and investors started to look for riskier...
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23November, 2020
Dollar Down Once Again on COVID-19 Vaccine Hopes
No Comments | 2On Monday morning in Asia session, the dollar was down amidst hopes of early distribution of COVID-19 vaccines to control the spread of the virus. The US Dollar Index was down 0.34% to 103.145...
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20November, 2020
Mnuchin’s Emergency Call Halts the Dollar Slide
No Comments | 2On Friday, the dollar’s slide was halted after U.S. Treasury Secretary Steven Mnuchin called an end some of the Federal Reserve’s Pandemic lending. The announcement shifted the previous...
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18November, 2020
Fed Chairman Powell Insists on Extension of Emergency Credit Programs
No Comments | 2On Tuesday, Federal Reserve Chairman Jerome Powell says its not yet time to stop the emergency credit programs amidst rising of Covid-19 cases and the economy left with “a long way to go”...
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16November, 2020
Dollar Suffers on Continuous Rise of COVID-19 Cases
No Comments | 2On Monday morning in Asia, the dollar was down due to the increasing number of COVID-19 cases and uncertain sentiments on COVID-19 vaccines. On Sunday, 15 countries signed the Regional...
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13November, 2020
Dollar Up While Worries in Covid-19 Development Remain
No Comments | 2On Friday morning in Asia session, the dollar edged higher towards its best week against the yen since March. Although, hopes of a Covid-19 vaccine continued to waver investors...
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11November, 2020
Dollar Down Amidst Hopes in Coronavirus Vaccine
No Comments | 2On Wednesday, the dollar was down amidst surge of new cases in Covid-19 and talks of how a Coronavirus vaccine will be delivered earlier in the week. The U.S. Dollar Index inched down 0.6% to...
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9November, 2020
Dollar Edged Lower on Joe Biden’s Victory
No Comments | 2The dollar edged lower on Monday morning in the Asian trading session. The dollar started its week with losses amidst Joe Biden’s victory in the U.S. Presidential Elections. The U.S. Dollar...
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6November, 2020
More Losses are Anticipated for the Dollar on Post-Election Outlook
No Comments | 2On Friday, the dollar steadied against most major currencies but traders are anticipating more losses on the coming days due to post-elections hopes are lessened for large stimulus to support the...
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4November, 2020
Dollar Gains as Trump Takes Leads from Florida
No Comments | 2On Wednesday, the dollar gained from its early losses against risk-sensitive currencies after preliminary results of President Donald Trump leading in Florida against Democratic challenger Joe...