Forex News

Australian Dollar hits Six-Week Low

On Wednesday, the Australian dollar fell to about 0.726 versus the US dollar, a level not seen since early October,…

3 years ago

US Dollar Continues to Strengthen on Strong Economic Data

The US dollar index climbed over 96 on Wednesday, reaching levels previously seen in July 2020, after economic data revealed…

3 years ago

Malaysian Ringgit’s Trend to be Decided by Multiple External Factors

As per an economist, the ringgit is forecast to be affected by external forces next week, with investors having a…

3 years ago

Turkish Lira Plunges to Over 10 Per US Dollar

The Turkish lira depreciated above 10 versus the US dollar in the second week of November, setting a new record…

3 years ago

Euro Hits More than One-Year Low Against US Dollar

The euro fell to below $1.15 in the second week of November, its lowest level since July 2020, after the…

3 years ago

China Trade Surplus Records New High in October

However, it is under pressure due to a broad depreciation among major currencies against the greenback, which is occurring amid…

3 years ago

Australian Dollar Posts 2% Weekly Decline as RBA Reaffirms Dovish Stance

After reaffirming its dovish position in its quarterly economic statement, the Reserve Bank of Australia pushed the Australian currency below…

3 years ago

Japanese Yen Hovers Around 3-Year Low as BoJ Reaffirms Ultra-Loose Monetary Policies

The Japanese yen maintained steady and ended at 113.65 per US dollar on Friday, benefiting from a broad unwinding of…

3 years ago

Pound Dips Below 1.35 Versus US Dollar as BoE Remains Dovish

The pound-to-dollar exchange rate fell by 0.0013 percent, or 0.09 percent, to 1.3495 on Friday, November 5, from 1.3507 in…

3 years ago

British Pound Rebounds on Three Month High Services PMI Data

While investors assess whether the Bank of England will raise interest rates when it meets on Thursday, the British pound…

3 years ago