Revamp Risk Sentiment drive down Dollar with COVID-19 Recovery optimism
January 22, 2021Revamp Risk Sentiment drive down Dollar with COVID-19 Recovery optimism The dollar seems to be collapsed, saw the worst time. Investors are more interested in riskier currencies. The Dollar was definitely en-routed towards its lowest phase this week of 2021 as Joe Biden’s administration makes the investors extremely happy moving to buy riskier
Read moreThe dollar plunged with the Yellen’s longing for extensive COVID-19 Relief
January 20, 2021The dollar plunged with the Yellen’s longing for extensive COVID-19 Relief The “Act Big” statement of Yellen’s on Fiscal Measure made dollar drop. The assertion of U.S. Secretary of the Treasury Nominee Janet Yellen importunes to “act Big” Fiscal boost made the dollar losing the position once more on Wednesday morning, However, the
Read moreDollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases
January 18, 2021Dollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases The Dollar clenches tightly to the profit at the close of last week The U.S. economic data disappointed Investors. The Dollar seems to have a bit of a high on Monday morning in Asia. The Sadden U.S. economic Data with growing Corona Virus
Read moreDollar lifted with Biden’s deliberation of adding trillions to the Stimulus bill
January 14, 2021Dollar lifted with Biden’s deliberation of adding trillions to the Stimulus bill Dollar tries to recover his lost value with a high. US President-elect Joe Biden is considering a bigger-than-expected stimulus package. Treasury Yields take a high to some extent. The U.S Treasury Yields spiked on Thursday as US president-elect Joe Biden is
Read moreDollar Plunge as U.S Treasury yields slipped
January 13, 2021Dollar Plunge as U.S Treasury yields slipped The Dollar dips as its recent rally, driven by a spike in the U.S. Treasury yields, and speculators are taking cautions on the dollar because of the consistent downfall of U.S currency. The U.S. Dollar Index inched down 0.8% to 89.940 against a basket of currencies. Recorded
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