News

US Dollar Strengthens on Hints of Policy Tightening by FOMC Minutes

The US dollar index was changing hands at about 93.43 against a bouquet of currencies on Thursday, up from 93.1…

3 years ago

US Dollar Hits One-Week Low as Consumer Sentiment Hits Decade Low

The dollar index fell to new weekly lows in the 92.40 range on Friday, tracking Treasury yields, as fund managers…

3 years ago

Aussie Remains Weak on Slow Covid-19 Vaccine Roll Out

According to an expert at one of Australia's biggest banks, the Aussie will stay restricted for "some time ahead," owing…

3 years ago

Swiss Franc Continues to Decline After Hitting 1-1/2 Month High

The Swiss franc traded at 0.9150 per US dollar, falling further from a 1-1/2-month high of $0.9010 recorded earlier in…

3 years ago

US Dollar Strengthens on Fed Vice Chairman’s Hawkish Statement

According to Federal Reserve Vice Chairman Richard Clarida, the central bank is on track to meet its economic goals by…

3 years ago

China’s Manufacturing Growth Hits 17-Month Low

The Chinese National Bureau of Statistics (NBS) manufacturing PMI declined to 50.40 in July, from 50.90 in June and missed…

3 years ago

Aussie Declines On Rising Covid-19 Cases & Two Month Low Iron Ore Prices

The Australian dollar declined against the dollar, the pound, and other major currencies as the price of iron ore with…

3 years ago

US dollar Strengthens on Increasing Demand for Safe Haven Assets

The dollar index has continued to rise, approaching a four-month peak of 93.19 reached on Wednesday, as appetite for safe-haven…

3 years ago

Aussie Remains Weak as Covid-19 Delta Variant Threatens RBA Plans

The Australian Dollar's trend remains bearish for the time being, according to Morgan Stanley analysts, who are apprehensive about the…

3 years ago

Yen Continues to Trade Near Four-Week High as Vaccination Gathers Pace

The Bank of Japan left the near-term benchmark interest rate unaltered at -0.1% and maintained the target for the 10-year…

3 years ago