The U.S. dollar is back in demand as investors returned to safe-haven amid the rising number of COVID-19 cases.
The dollar is losing further momentum and was on the defensive in forex trading on Tuesday.
The dollar rose in Asia on Monday as virus hotspots reported number of fatalities lowered over the weekend.
The dollar strengthened in Asia as oil prices fell on Friday
The dollar edged lower in European forex trading on Thursday.
Pound volatility distressed firms. Sterling dropped this month to lows not seen in decades against the dollar. Shortly after its lows in forex, the currency…
he U.S. Dollar dropped broadly and below the $100 mark after the rise in jobless claims.
The U.S. dollar continued to decline as investors awaited unemployment claims in the United States.
The U.S. Dollar rebounds and steadies. Its decline and gains in riskier currencies halted as the greenback funding tightened.
Swiss sight deposits are money that commercial banks park with the central bank overnight.
The Australian dollar plunged 3% against the US Dollar on Thursday.
The US dollar has managed to rise on Tuesday, benefitting from demand from traders after a lackluster Monday trading.
Morgan Stanley strategists suggested the time has come to sell the US dollar.
Norwegian Krone plummeted 9% on FX Market Thursday following COVID-19 outbreak and the sharp dip in oil price. Economic indicators in Norway are following the oil…
European Central Bank is expected to offer economic stimulus in the light of COVID-19 outbreak.