Microsoft Corporation earned the unconditional antitrust approval of the European Commission for its $16.00 billion acquisition of Nuance Communications. Accordingly, the board noted that the announced consent of the agreement would not open competition worries
Moves were softened with a surge of cases of the Omicron variant of the new COVID-19. It has forced some countries to reimpose restrictions, discouraging traders from moving too aggressively. The dollar index =USD, which
The U.S. dollar declined slightly on Tuesday as the market appetite improved for risk assets and currencies. The greenback extended its overnight losses after Democratic spending plans had taken a blow in Washington. However, overall
The safe-haven currencies rallied on Monday as investors favored them over riskier ones. Market players feared that the governments might impose further curbs in Europe to hinder the spread of the Omicron coronavirus variant. Furthermore,
On Thursday morning in Asia, the dollar was down, with the U.S. Federal Reserve compressing its monetary policy in a hawkish pivot. The U.S. Dollar Index follows the dollar against a basket of other currencies
The U.S. dollar traded under pressure on Friday. The European Central Bank and the Bank of England adopted more hawkish stances than forex markets had expected, boosting the euro and sterling. However, concerns about the
The Euro and British Pound rallied on Thursday. Investors are waiting for the ECB and Bank of England monetary policy meetings. Meanwhile, the U.S. Federal Reserve has already unveiled its tightening plans. Traders will know
The U.S. dollar was steady on Wednesday while traders waited to see if the U.S. Federal Reserve would meet market expectations for rate hikes in 2022. The agency’s policy statement and economic projections will come
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