Forex9 hours ago (Aug 11, 2020 03:21AM ET) By Geoffrey Smith Investing.com — The dollar was little changed in early trading in Europe Tuesday, with no breakthrough in the U.S. fiscal stimulus talks to push it in either direction. Risk appetite was supported somewhat by reports of a decline in hospitalizations in the U.S. due […]Read More
Forex11 hours ago (Aug 11, 2020 01:36AM ET) (C) Reuters. Dollar’s Decline Not as Stunning After Adjusting For Inflation (Bloomberg) — The dollar’s stunning decline last month, the most in a decade, suddenly looks a lot less consequential once you take into consideration the inflation-adjusted value of the greenback. That’s the view of veteran strategist […]Read More
(C) Reuters. Euro Renaissance Emerges From an EU Deal That Changed Everything (Bloomberg) — There’s been a seismic shift in the euro’s fortune. Money managers are the most optimistic they’ve ever been on prospects for the common currency after its best month in almost a decade. And demand for European assets is so high that […]Read More
Forex12 hours ago (Aug 11, 2020 12:18AM ET) (C) Bloomberg. Emmanuel Macron and Boris Johnson in London on June 18. (Bloomberg) — It looks increasingly like Emmanuel Macron holds the key to whether the U.K. and European Union will get a trade deal. Officials on both sides of the negotiations see the French president as […]Read More
Forex15 hours ago (Aug 10, 2020 09:15PM ET) (C) Reuters. U.S. dollar notes are seen in front of a stock graph in this picture illustration By Hideyuki Sano TOKYO (Reuters) – The dollar held overnight gains on Tuesday following seven weeks of an almost relentless fall as investors clung to hopes of a bi-partisan stimulus […]Read More
Forex20 hours ago (Aug 10, 2020 04:45PM ET) (C) Reuters. Five Years After Devaluation Chaos, China Has the Yuan It Wanted (Bloomberg) — Compared with the global market turmoil China’s currency devaluation in 2015 triggered, the more gentle but steady depreciation since is spurring less concern. Five years ago to the day, the central bank […]Read More
Forex22 hours ago (Aug 10, 2020 02:21PM ET) (C) Reuters. By Yasin Ebrahim Investing.com – The pound held onto the bulk of its gains against the dollar on Monday, ahead of key data due later this week, with some investors suggesting further upside could be on the horizon should investors continue to favor risk. “Over […]Read More
ForexAug 10, 2020 03:18AM ET (C) Reuters. Lira Extends Drop in Sign of Further Turkish-Market Turmoil (Bloomberg) — It’s shaping up to be another rough day for Turkish markets. The lira, which sank to a record low last week as the central bank abandoned some of the policies that had underpinned it for much of […]Read More
ForexAug 10, 2020 03:05AM ET By Peter Nurse Investing.com – The dollar edged higher in early European trade Monday, following Friday’s better-than-expected employment report. However, gains are likely to be short-lived as doubts remain about the U.S. economic recovery. At 3:05 AM ET (0705 GMT), the Dollar Index, which tracks the greenback against a basket […]Read More
ForexAug 10, 2020 01:20AM ET (C) Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker at a bank in Westminster By Wayne Cole SYDNEY (Reuters) – The U.S. dollar was struggling to keep a rare rally together on Monday as its longest losing streak in a decade left much of the […]Read More
