The U.S. dollar continued its rally on Thursday supported by a $2 trillion U.S. government spending plan. The currency is holding near multi-month highs. The dollar index soared to 93.286 in early trades in Europe,
The U.S. dollar rallied against major currencies on Tuesday, skyrocketing to a one-year high against the yen. Faster U.S. vaccination rollout, along with plans for a major stimulus package, boosted inflation expectations and Treasury yields,
The U.S. dollar skyrocketed almost to the multi-month highs against major currencies on Friday. Positive sentiment over-improving U.S. economic data and soaring Treasury yields, along with COVID-19 vaccines’ rollouts, supported the currency. Meanwhile, the Euro recovered some
The Turkish Lira plunged as much as 15% after President Recep Tayyip Erdogan fired Naci Agbal, the country’s central bank governor, last Saturday. The U.S. dollar continued rising on Thursday after skyrocketing to a four-month
The U.S. dollar rallied on Wednesday. It neared a four-month high as traders worried about a third coronavirus wave in Europe, escalating tensions between the West and China, and a potential U.S. tax increase. These
The U.S. dollar remained below recent highs on Tuesday. Traders were anticipating U.S. policymakers’ speeches to gauge whether rising yields would decline. Meanwhile, the New Zealand dollar tumbled down on Tuesday. The Turkish lira also stabilized after
The Turkish lira plummeted down to a record low against the U.S. dollar over the weekend. President Tayyip Erdogan replaced the hawkish central bank governor with a critic of high interest rates, stunning investors, and causing
The euro weakened slightly at $1.1915 on Friday, extending Thursday’s 0.5% decline. Germany, France, and other European nations are planning to start AstraZeneca vaccinations. Despite that, the region’s growth outlook became bleaker after Paris went into
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
