Market News

Dollar Up, Commodity Currencies Restrict Gains
May 11, 2021

Dollar Up, Commodity Currencies Restrict Gains   The dollar gains in early European trade Tuesday, however, gains were completed by the strength of commodity currencies on the back of rises in the prices of oil and base metals. The U.S. Dollar Index traces the greenback against a basket of other currencies crawled down 0.06% to

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Dollar Soothes after Beating U.S. Jobs Report
May 10, 2021

Dollar Soothes after Beating U.S. Jobs Report   The U.S. dollar aided losses near 2-1/2 month lows on Monday as a bitter U.S. employment report advised investors to unwrap their increasing long positions in the U.S currency. The United States developed a little more than a quarter of the jobs that economists had anticipated last

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World Stocks on a Progressive note for First Weekly Gain
May 7, 2021

World Stocks on a Progressive note for First Weekly Gain   World stocks managed for their first weekly gain in three in the middle of the flood in commodity prices on the other hand traders supported the U.S. jobs report later on Friday that could provide clues on when the Federal Reserve will ease back

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Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE
May 6, 2021

Dollar Tumbles as Risk Tolerance Increases, Pound constant before BoE   The dollar slipped from a two-week high on Thursday as global market risk appetite improved, on the other hand, traders concentrated on a Bank of England meeting and economic data that might give some hints on when the U.S. Federal Reserve sway dial back

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The Dollar Climbs Highest in over Two Weeks
May 5, 2021

The Dollar Climbs Highest in over Two Weeks   The dollar was up on Wednesday morning in Asia as concerns over U.S. Treasury Secretary Janet Yellen’s comments about increasing interest rates. The U.S. Dollar Index traces the greenback versus a basket of other currencies was high 0.31% to 91.210. The USD/JPY pair was steady at

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