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On Monday, the U.S. dollar ranged as investor are preparing for the uncertainties of the U.S. presidential elections on Tuesday. The dollar held to its gains after its largest weekly percentage rise since late September in the previous week On the other hand, the pound suffers amidst coronavirus worries as British Prime Minister Boris Johnson

On Wednesday morning in Asia, the dollar was up despite investors avoiding big risks ahead of U.S. Presidential Elections on November 3.  The U.S. Dollar Index was up 0.22% to 93.127 by 10:05 PM ET (2:05 AM GMT).  Despite its gain, bearish sentiment for the dollar is growing as the election nears. Some investors were

The dollar steadied on Monday, as surging coronavirus cases in Europe and the United states and a lack of progress toward a U.S. stimulus put traders in an uncertain mood.  The dollar traded against a basket of currencies between steady and a little firmer in Asia sessions hovering around the average range it has held for

Investors began to wager on a Biden presidency and a big U.S. stimulus which contributed to the largest weekly drop of the dollar against the Yen and a poor week against the Euro.  The DXY slightly moved mostly in the dollar’s favor in the Asia sessions as traders awaited the final U.S. Presidential debate.  Markets

The dollar hit a one-month low on Wednesday as investors who are optimistic about a pre-election U.S. stimulus package sought out riskier currencies, while the strong recovery in China’s economy helped drive the yuan to a two-year high. President Donald Trump has raised hopes for a stimulus breakthrough, saying he was willing to accept a

On Monday morning in Asia session, the dollar threaded lower, with China due to release quarterly growth data, including GDP and industrial production reading, later in the day, despite fading hopes for the latest fiscal stimulus package to be passed by the U.S. Congress ahead of the Nov. 3 U.S. presidential elections.   The U.S. Dollar

The dollar was down on Friday morning in Asia, continuing a downward trend despite investors turning to safe-haven assets over ever surging number of global COVID-19 cases and the U.S. Congress’ continuous stall on passing the latest stimulus measures ahead of the Nov. 3 presidential election  The U.S. Dollar Index inched down 0.03% to 93.832

On Wednesday, the dollar was up holding gains from previous sessions as setbacks in developing a COVID-19 treatment and a lack of consensus over the latest stimulus measures in the U.S. sent investors scrambling for safety.  The U.S. Dollar Index inched up 0.01% to 93.550 by 10:12 PM ET (2:12 AM GMT).  Ely Lilly and

  On Monday morning in Asia, the dollar was up with negotiations over stimulus measures in the U.S. floundering and the yuan seeing a drop after the Chinese central bank announced to curb the currency’s strength earlier in the day.    The U.S. Dollar Index that tracks the greenback against a basket of other currencies

On Friday, the dollar drifted toward a small weekly loss, while the Chinese Yuan soared to a 17-month high, as investors wagered on a Joe Biden presidency on more U.S. stimulus spending. The Yuan’s leap, when China’s markets reopened after the Mid-Autumn break, was partly a catch-up since the offshore yuan has gained against a