The Dollar Gloomy amid Global Economic Recovery Hopes
February 16, 2021The Dollar Gloomy amid Global Economic Recovery Hopes The USD slipping in continuation. Pound outshines with the record high. The Safe-Haven Dollar declined to a three-week low on Tuesday as traders are turning towards risker Currencies on economic recovery determination. While Pound climbs nearly three-year high in the hopes of vaccination rollout, gains
Read moreDollar Enfeeble, Pound on Course with the hope of economic recovery
February 15, 2021Dollar Enfeeble, Pound on Course with the Hope of Economic Recovery GBP/USD has reached a new 34-month high above 1.39 as the United kingdom triumph 15 million people with COVID vaccines with the investor hoping for more stimulus package will be passing by President Joe Biden following the trial of Formal President Trump End.
Read moreThe Dollar Up but with a Recorded Weekly Loss
February 12, 2021The Dollar Up but with a Recorded Weekly Loss The doubt on U.S. economy recovery headed the Dollar to its first weekly loss despite the high early in the day. The Dollar Index was up 0.1% at 90.487, however, keep falling 0.6% this week. The USD/JPY inched up 0.2% at 104.88. The EUR/USD slightly
Read moreThe Dollar Elevated With Inflation remaining As a Concern
February 11, 2021The Dollar Elevated With Inflation remaining As a Concern The Dollar was high on Thursday morning in Asia. However, remain hovered almost two-week lows. Investors generated hopes on small returns from the U.S. Currency, After the release of weak U.S. Inflation data, and The Fed Chairman Jerome Powell’s assurance to keep interest rate low
Read moreThe Uncertainty on U.S. Recovery languished Dollar
February 9, 2021The Uncertainty on U.S. Recovery languished Dollar The Dollar declined on Tuesday morning in Asia to the lowest level in a week as investors are suspicious about the faster coronavirus pandemic recovery. The U.S. Dollar Index inched down 0.8% to 90.868 against a basket of other currencies after the disappointing U.S. Jobs data on
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