Search Results for: Forex
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
The dollar found support on Thursday. These are the top performers
May 27th, 2021
The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short ...
CySEC announced withdrawal of Cyprus Investment Firm authorisation
May 20th, 2021
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement today to inform that it has decided to withdraw CIF authorisation of a Cyprus investment Firm. In accordance with CySEC’s announcement, CySEC on its meeting of 10 May ...
The dollar was poised to extend gains against major currencies on Monday
April 5th, 2021
The dollar was poised to extend gains against major currencies on Monday after the U.S. jobs report at the end of last week showed the nation’s labor market is recovering from the impact of the coronavirus shock. The focus ...
Emerging market stocks began the second quarter with strong gains
April 2nd, 2021
Emerging market stocks began the second quarter with strong gains on Thursday as data signalled a steady global economic recovery from a coronavirus-driven recession, while currencies eased under pressure from a firmer dollar. A basket of emerging market equities ...
The dollar rose on Friday; Riskier currencies lost out
March 12th, 2021
The dollar rose on Friday, recovering its losses from the day before, as a spike in Treasury yields early in the European session triggered a risk-off move in global currency markets, with riskier currencies taking a hit. Market participants ...
Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640
February 18th, 2021
The dollar held its ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U.S. economy would recover from the coronavirus pandemic faster than most of its peers. Bitcoin traded just ...
The dollar traded near a two-month high versus the euro on Wednesday
February 3rd, 2021
The dollar traded near a two-month high versus the euro on Wednesday as investors looked to a widening disparity between the strength of the U.S. and Europe’s pandemic recoveries. The view was bolstered by moves in Washington toward fast-tracking ...
Dollar starts 2021 in the cellar with a hangover
January 4th, 2021
The dollar started the new year by slipping broadly on Monday as investors sold it for just about everything else in the Asia session, wagering the world’s pandemic recovery will drive other currencies higher. The euro, which had dipped ...