The Dollar Elevated Despite Disappointing Payroll data
February 8, 2021The Dollar Elevated Despite Disappointing Payroll Data The Dollar is up, getting stronger steadily. Jobs opportunity in the U.S. is unlikely lesser as per the newly published data. Traders are optimistic about U.S. consumer prices and Consumer Sentiment. The Dollar slows down the speed, gradually trading against major currencies but at the higher
Read moreThe Dollar Outshines With the best Weekly Gain
February 5, 2021The Dollar Outshines With the best Weekly Gain In the hope of economic recovery, investors are showing confidence in U.S. currency. Resultantly, the Dollar leads to the highest gain in three months on Friday. The US Dollar Index inched down 0.5% to 91.507. The Positive employment figures cast a major impact on the Index
Read moreThe Dollar up, BOE dominates over British Pound
February 4, 2021The Dollar up, BOE dominates over British Pound The Dollar is alive and kicking against major currencies. The BOE policy is closely monitored by the investors for future trade. A hefty fiscal measure seems to have a positive impact on the United States economy. The U.S. currency is overpowering Euro and Yen on
Read moreDollar Elevated in the Hope COVID-19 Recovery, Euro Agonize Growth Disparity
February 3, 2021Dollar Elevated in the Hope COVID-19 Recovery, Euro Agonize Growth Disparity The Dollar was moderately high on Wednesday morning in Asia, trading almost a two-month high against the Euro as traders are worried because of the ongoing circumstances of Europe’s pandemic recovery. The Gross Domestic Product in the 19 countries sharing euro declined by
Read moreEuro Overnight Selloff benefits Dollar notwithstanding U.S. Currency still Topple
February 2, 2021Euro Overnight Selloff benefits Dollar notwithstanding U.S. Currency still Topple The Dollar was down on Tuesday morning in Asia however, hanging at the seven-week highs. The Dollar gets an advantage from an overnight euro selloff. The Euro Declined to two-and-a-half lows overnight because of the weak German retail sales figures. The rising no of
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