Category: Forex news

The U.S. currency also persisted in garnering support from a strong March non-farm payrolls report released Friday that supported expectations for a hefty half a percentage point tightening by the Federal Reserve at next month’s

On Monday, the euro tumbled down as Western powers announced that new sanctions were needed against Russia after civilian killings in Ukraine that appeared to amount to war crimes. The common currency has been under

The U.S. dollar plummeted to an almost two-week low on Friday. Optimism over peace talks between Ukraine and Russia faded on the market. Instead, investors’ attention shifted to economic data, along with interest rate expectations.

The euro declined on Thursday as investors preferred to be cautious about developments in Ukraine. Thus far, there has been minimal progress in peace talks. The Norwegian crown also plummeted sharply as oil prices dropped.

The U.S. dollar plummeted to its lowest level in almost two weeks on Wednesday. On the other hand, the euro rallied, with forex traders optimistic about peace talks in Ukraine, even though there are some

The Japanese yen tried to regain a footing on Tuesday after plunging low yesterday. It managed to recover a little from heavy selling as some investors saw risks of official pushback if Japan’s currency fell

On Monday, the Japanese yen tumbled down by almost 1% to a six-year low. The Bank of Japan intervened to stop government bond yields from soaring above its key target, causing the currency’s drop. Meanwhile,

The euro climbed higher on Friday. However, traders’ worries about a potential economic slowdown kept the currency in a tight range. On the other hand, the dollar lowered as market players priced in expected monetary