Forex

dollar

The U.S. dollar hit its lowest in two and a half years

On November 30, the U.S. dollar hit its lowest in early London trading in two and a half years. Furthermore, riskier currencies declined slightly as the global equities rally paused the breath. Global market sentiment increased in November, which caused the dollar to decline and riskier currencies to benefit as investors’ risk appetite was boosted …

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Dollar

The dollar fell, the Australian and New Zealand dollar rose

On November 27, the U.S. dollar declined in early London trading as it continued weekly loss against a basket of currencies. The greenback decreased by more than 2.2% during the month as global market sentiment increased on Joe Biden’s U.S. election victory and news of progress in coronavirus vaccines. That factors weighed on demand for …

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Forex News: Australian dollar falls, the euro rises

On November 26, the euro increased to a close three-month record, and the greenback went on the defensive on downbeat U.S. economic data and optimism about covid-19 vaccines. Investors looked for riskier assets tied to global commodities and emerging markets. Furthermore, the sterling reached its three-month record versus the greenback as traders also awaited details …

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