Category: Forex news

Euro rose slightly Thursday. What about other currencies?
Forex news

Euro Rose Slightly Thursday. What About Other Currencies?

The Euro traded slightly above 3-1/2-month lows against the U.S. dollar on Thursday. Traders are waiting for a potentially momentous meeting of the ECB. Meanwhile, riskier currencies such as the Australian dollar surged forward as

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Forex news

Dollar hit new highs Wednesday. Will it continue rallying?

The U.S. dollar traded near to fresh year-to-date highs on Wednesday. Concerns about rising Covid-19 infections along with higher interest rate expectations boosted greenback gains. However, investors are now waiting for the European Central Bank’s

Risk-off mood continues in the Forex market. Safe-havens rally
Forex news

Risk-Off Mood Continues in The Forex Market. Safe-Havens Rally

Safe-harbour currencies, including the Japanese yen and U.S. dollar, exchanged hands near multi-month highs against the riskier British pound and Australian dollar on Tuesday. Investors’ concerns about a rampant Delta coronavirus variant hindering the global

Risk-off currencies rallied Monday as Covid-19 cases soared
Forex news

Risk-Off Currencies Rallied Monday as COVID-19 Cases Soared

Traders bought safe-haven U.S. dollar and Japanese Yen on Monday, with the greenback skyrocketing almost to its highest point in months. Rapidly spreading delta COVID-19 variant shook market players’ confidence in global economic growth. Investors

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