• 7
    Oct 2020

    On Wednesday morning in Asia, the dollar threaded higher with investors digesting U.S. President Donald Trump’s immediate cancellation of talks on the latest stimulus measures.  The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.19% to 93.922 by 10:02 PM ET (2:02AM GMT)  The cancellation destroyed the sense

    ...
    .

    TAGS:
  • 5
    Oct 2020

      On Monday, the dollar ranged against other currencies as investors awaited clarity on the health of U.S. President Donald Trump after he was tested positive for the coronavirus, sending investors into other safe-haven assets.  “With a lot of major economic indicators released this week, the focus all comes down to Trump’s illness,” said Daisuke

    ...
    .

    TAGS:
  • 2
    Oct 2020

    Dollar Steadies Ahead of U.S. Jobs Data 

    By | No Comments
    |

    After dollar’s softest week in more than a month, the dollar seems to steady on Friday, as revived hopes for a new U.S. stimulus package to boost the world’s biggest economy had investors seeking out riskier currencies.  The U.S. Dollar Index, held near a one-month low in Asia and has slipped 0.9% this week, its

    ...
    .

    TAGS:
  • 30
    Sep 2020

    First U.S. Presidential Debate Takeaways 

    By | No Comments
    |

     President Donald Trump and Democratic Challenger former Vice President Joe Biden met in Cleveland on Tuesday for the first of three debates ahead of the Nov. 3 election.  In the proceedings of the debate, Trump used the same tactic of “interrupting” that he uses in the White House briefing room.  During the discussion about the

    ...
    .

    TAGS:
  • 28
    Sep 2020

    Dollar Down Ahead of U.S. Presidential Debates 

    By | No Comments
    |

    On Monday morning in Asia, the dollar was down with a lack of big moves ahead of the U.S. presidential debates on Tuesday and the release of U.S. economic data later in the week.   The U.S. dollar was boosted by the rebound in U.S. stocks on Friday’s sessions which led near to its two-month peak.  

    ...
    .

    TAGS:
  • 25
    Sep 2020

    On Friday morning in Asia, the dollar was down after earlier gains were reversed over doubts about the latest U.S. package.  The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 94.365 by 9:52 PM ET (1:52 AM GMT).  On Thursday, U.S. markets rose over increased hopes

    ...
    .

    TAGS:
  • 23
    Sep 2020

    Dollar Gains as Virus Hurts Euro and Pound

    By | No Comments
    |

    On Wednesday, the U.S. dollar bagged gains against major currencies such as the euro and the pound. The gains are supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.  The dollar is likely to continue to surge higher in the short term as lockdown measures

    ...
    .

    TAGS:
  • 21
    Sep 2020

    On Monday morning in Asia session, the dollar edged lower with the scheduled speech of U.S. Federal officials later in the week.   The U.S. Dollar Index that tracks the dollar against a basket of other currencies edged down 0.16% to 92.870 by 9:55 PM ET (2:55AM GMT).  The USD/CNY pair inched down 0.06% to 6.7633,

    ...
    .

    TAGS:
  • 18
    Sep 2020

    On Friday morning, the dollar was down in the Asia Session, with disappointing U.S. employment data dampening both the economic outlook and investor sentiment.  The U.S. Dollar Index inched down 0.05% to 92.927 by 12:48 AM ET (5:48 AM GMT)  On Thursday, the employment data that was released showed that initial jobless claims fell slower

    ...
    .

    TAGS: