forex

 Nevertheless, it declined versus the Japanese yen, which led to recovery from the earlier losses to trade as one of the Forex market’s strongest currencies. The Australian dollar dropped against the New Zealand dollar also as it was too among the strongest, climbing to the highest level in a year and a half. Market analysts …

AUSTRALIAN DOLLAR REMAINS STABLE Read More »

The central bank left interest rates unchanged. It promised to stay rates lower for a couple of more years to sustain the economic recovery. With rates hovering near zero until a minimum of 2023, how will this impact the United States dollar? The Federal Open Market Committee (FOMC) stated that the benchmark fed funds rate …

interest rates are kept low until 2023 and U.S. dollar is mixed Read More »

The central bank left interest rates unchanged, and it promised to keep the rates lower for a few more years to sustain the economic recovery. With rates hovering near zero until at least 2023, how will this impact the United States dollar? The Federal Open Market Committee (FOMC) stated that the benchmark fed funds rate …

low-interest rates keep u.s. dollar mixed Read More »

The dollar dropped lower, and commodity currencies jumped higher on Monday as investors soothed by a delay in an audit of the U.S.-China trade contract, which left the deal untouched. Ambiguity ahead of a week that consists of minutes of the U.S. Federal Reserve’s final policy conference and the U.S. Democratic Party’s nomination convention kept …

The dollar on defensive due to U.S. politics Read More »

The dollar floated higher on Friday, helped by steady U.S. jobs data and firmer global demand for safe havens amid concerns about the coronavirus recovery, setting the currency up to snap a seven-week losing streak potentially. Early moves in the Asia session were modest as traders awaited Chinese trade data due around 0200 GMT. A …

Dollar Jumps Higher, Caution Is Returned To Currency Market Read More »