Forex

NZD/USD forecast for November 30, 2020 Looking at the chart for NZD/USD pair on the weekly time frame, we see that the bullish initiative from mid-March 2020 after…

The U.S. Dollar Tumbled Down while Euro and Sterling Rallied Good news on coronavirus vaccines and hopes for a smoother transition to a Joe Biden administration…

The Euro Skyrocketed Thursday Along with Risk-on Currencies  The Euro rallied to an almost three-month high on Thursday as the U.S. dollar moved on the…

U.S. Dollar is Still Weak While the Kiwi and Aussie Rallied The dollar continues a downtrend on Wednesday. Progress in developing a Covid-19 vaccine, along with…

Dong Stabilizes as Biden Team Look for Trade Partnership With Vietnam Very few countries can say that they’ve had a “good 2020”, but Vietnam certainly can. …

How Did the US Elections Affect Popular Currency Pairs?   Historically, the stock market experiences volatility in the months prior to the US elections. This is…

Riskier Currencies Rallied on Tuesday. What about the Dollar? Risk-on currencies surged forward on Tuesday after U.S. President Donald Trump accepted the start of a…

Chinese Yuan was Flat Against Dollar. What about the Yen? The offshore Chinese yuan was flat at 6.5716 against the dollar, on Friday. However, the Chinese yuan…

U.S. Dollar Inched Forward on Friday. What About the Euro?  The U.S. dollar index traded at 92.306 on Friday, rising after Thursday’s low of 92.236. However, it was…

Norwegian Crown Fell Thursday Along with Riskier Currencies The U.S. currency gained strength on Thursday. Broad optimism about coronavirus vaccines ran…

EUR/USD forecast for November 19, 2020 As we talked about in previous analyzes about the resistance at 1.18750-1.18800 euro again failed to break above this level.…

Dollar Collapsed Wednesday. What's New on the FX market?  The U.S. dollar plunged to its lowest level in over a week as pressure pushed against it on the…

Dollar Falls as Moderna Announces a Successful Vaccine Trial The dollar tumbled down on Tuesday as concerns arise about a smooth transition for president-elect Joe…

Sterling and Euro rallied against the dollar on Monday  The dollar tumbled down against other major currencies on Monday. At the same time, the sterling and the…

Japanese Yen climbed up Friday. What about other currencies? The safe-haven Japanese yen climbed up by approximately 0.2% to 104.88 on Friday. On Monday, the…

The U.S. Dollar Fell While the Euro Gained on Thursday The U.S. dollar tumbled down on Thursday as investors wavered between caution and optimism. Despite positive…

Euro traded flat Wednesday. What about other currencies? The U.S. dollar was steady on Wednesday. Traders’ optimism about a potential Covid-19 vaccine weakened by…

Currencies Fluctuated on Tuesday. How did the Dollar Fare?  The U.S. dollar climbed up on Tuesday as traders remained optimistic about progress towards a…

U.S. Dollar Strengthened after Plunging to a Record Low The U.S. dollar steadied on Monday after plunging to a 10-week low. Joe Biden’s victory as U.S. President…

The Euro rallied on Friday. What about other currencies? The U.S. dollar traded at $1.1841 against the euro, after dropping by 0.87% in the previous session. The…