The USD was on the defensive on Thursday after the Fed Reserve signaled it was preparing to lower interest rates to combat increasing global and domestic risks.
U.S. dollar continues its journey to the top, as it posted two-week high on Monday. Retail sales in the U.S. was an essential factor as investors have seen that the…
On Monday, the U.S. dollar reached a two-week high after strong economic data in the past week, prompting investors to reassess their position on whether the Fed…
The dollar held above a recent two-and-a-half-month low on Tuesday as bets on an interest rate cut by the Federal Reserve increased, although investors were wary of…
On Monday, the U.S. dollar ticked up in the foreign exchange market against a basket of rival currencies amid signs that global trade tensions are easing off.…
The U.S. dollar hovered at a 7-weeks low following comments by Federal Reserve Chair, Jerome Powell, hinting to interest rate cuts in the face of trade wars and…
Prime Minister Narendra Modi’s sweeping success at the polls could see a huge gain for the country’s currency. India’s Central Bank analysts say that the rupee’s…
US and Mexican officials are going to meet in Washington to discuss a trade agreement between the two countries right after Trump threatened to impose tariffs on…
The U.S dollar was enjoying a healthy climb which sees it reach month-highs against other currencies. The higher yields of the U.S treasury, together with eased…
Stock Exchanges – Asian markets struggled to stay in the green in spite of Huawei restriction relief. Know more about this news by clicking here! – Finance Brokerage
Weekly News Summary For May 10-16, 2019
Friday, May 10: Chinese, European Shares Rise; US Stocks Cautious
Investors in China appeared to have absorbed the US’ 25%…
Stock Exchanges – Stocks in China have been pummeled by the intensifying trade war between the US and China. Read here to learn more! – Finance Brokerage
China's offshore yuan hit a fresh 2019 low early in Asia on Tuesday, and the safe-haven yen remained supported as a fresh escalation in Sino-U.S. trade tensions hit…