Category: Forex news

The U.S. dollar traded a bit lower from a one-week high on Tuesday against a basket of six major currencies. Investors expect the Federal Reserve meeting to be hawkish. Uncertainty about the Omicron Covid-19 variant

The U.S. dollar surged forward on Monday while traders were waiting for the results of a slew of central bank meetings this week. They are especially interested in the U.S. Federal Reserve’s decision, speculating how

The U.S. dollar remained firm on Friday. Investors contemplated whether U.S. inflation figures could settle the course of interest rate rises in 2022. In Asia, the Chinese yuan rebounded after tumbling down due to the

This week, riskier assets and currencies such as the Australian dollar traded in the red. However, the rally petered out today. The U.S. dollar struggled to recover its losses as traders waited for a key

The U.S. dollar index remained firm on Tuesday. On the other hand, riskier currencies managed to soar, as investors bet that the Omicron variant of coronavirus would not be as severe as they expected previously.

The dollar index was flat, and riskier currencies pulled up on Tuesday, as traders speculate that the Omicron variant of coronavirus would not be as severe as beforehand expected. Asian shares staged an improvement overnight.

 The U.S. dollar declined from last week’s highs against riskier currencies on Monday. It seems that trader’s worries about the Omicron variant ebbed. However, an expectation of inflation pushing U.S. interest rates higher kept the