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USD Hits Multi-Week Losing Level Today In Trade

The dollar hovered near multi-week lows versus major peers on, weighed by subdued Treasury yields, as investors consolidated positions prior to the Federal Reserve’s policy decision this week Tuesday. The greenback that is safe-haven also away from favor after world stocks started the week striking accurate documentation high, amid increasing investor confidence in
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The USD Held Unsteady Ground Against Peers

The buck nursed losses against most currencies on amid speculation that U.S. Federal Reserve Chairman Jerome Powell will shun talk of tapering relationship acquisitions at an insurance plan meeting this week. The euro rose up to a near two-month extreme against the greenback before data later on Monday forecast to exhibit a marked improvement in […]
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The Russian Currency Takes Back Ground Today

The rouble solidified on Wednesday, taking back ground with the aid of a calm tone that President Vladimir Putin utilized in their state-of-the-nation speech amid geopolitical tensions with the West and planned nationwide protests. The rouble gained 0.5% to 76.44 against the dollar RUBUTSTN=MCX, moving away from a 2021 low of 78.0450 hit in early […]
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USD Is Rebounding Slightly From Its Losses

The dollar languished today but hovered above a seven-week low with subdued U.S. bond yields reducing the currency’s yield appeal Wednesday. The safe-haven greenback got some respite from a pullback in globe shares from record highs as flare ups in coronavirus infections from India to Canada soured the outlook for the quick recovery that is […]
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USD Will Experience Another Loss This Week

The dollar headed for its worst back-to-back weekly fall in 2010 amid a continued retreat in Treasury yields from more-than-one-year highs as investors increasingly bought into the Federal Reserve’s insistence of continued support that is financial. The benchmark Treasury that is 10-year yield to a one-month low of 1.528percent overnight, from as high as 1.776per
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