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
Oil prices climbed on July 21, 2021. Despite reports indicating an unexpected surge in US oil inventories last week and a lower demand outlook due to rising COVID-19 infections, it continued gains from the previous
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
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
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
The U.S. dollar was headed for its best weekly gain in about a month today. Investors supported the greenback, moving on the risk-off attitude as rising coronavirus infections loomed over the pandemic recovery. Meanwhile, the
The U.S. dollar got strong support in Asia on Thursday due to soaring Covid-19 cases. As a result, it recovered some of the gains lost in the previous session. On Wednesday, the greenback tumbled down
The USD/EUR pair hit a three-month high on Wednesday, while the USD/JPY pair skyrocketed to a one-week high. Rising U.S. inflation had traders betting on a faster monetary policy tightening than U.S. Federal Reserve officials
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