Wednesday, July 17, 2019

USD unable to sustain momentum on Monday

USD lost ground against major currencies on Monday US Dollar Index dropped to 94.6 All eyes will be on Jerome Powell’s testimony before Congress today The USD lost ground yesterday after...

Dollar remains strong after release of US inflation data

Dollar trading at 112.64 on Friday morning Higher inflation data helps to strengthen USD Dollar weakens slightly against GBP and EUR The USD surged to a new six-month high against the...

USD loses value against currency basket after tariff increases

US unemployment increases, wage growth relatively slow USD loses value after new tariffs announced on Chinese imports US Dollar Index drops to 93.76 Inflation statistics in the United States will be...

Markets could turn volatile after new tariffs on Chinese imports

US announces more tariffs on Chinese imports BOC to announce interest rate decision today NZD and AUD suffer in early trading Just when markets appeared to be brushing off the tariff...

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Dollar stable while Bitcoin and oil edge higher on Monday

USD shows some signs of strength Bitcoin and crude oil prices edging higher Oil price also moving higher Unlike last Monday, forex markets were...

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