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US-China trade stand-off leads to fall of American dollar
The Euro maintained its flat trading against the dollar on the back of issues greeting Europe
Currencies | Page 3 Of 5
British Pound pounds below $1.28, as pressure mounts on PM May to resign
British currency was heavily plummeted on Thursday, after British media reports had revealed that the UK PM May had agreed to resign, if her amended Brexit deal could make its way through the British House of Commons
South African rand holds forth, as ANC heads for re-election
On Friday, the South African Rand had bolstered more than 1 percent over hopes of political continuation, as the South Africa’s ruling ANC (African National Congress) had been headed towards a landslide national election victory
Dollar treads water, safe-haven appeal sped up after Trump’s tariff threat
On Monday, the 6th of May 2019, the US currency witnessed a marginal flash crash against Japanese Yen, sinking to a five-week low minutes after Japanese Market had again started trading after a 9-day-long holiday
Euro hits one week high on upbeat data, dollar retreats
The Euro contributing to a lion-share of 57.2 percent of the American dollar index (DXY) measured against a basket of six major currencies on an average, climbed to a one-week high on Tuesday
Belligerent dollar totters emerging market currencies to a three-month low
On Thursday, the 25th of April 2019, the American dollar index, measured against a basket of six major currencies had extended further gains after breaching a critical level of 98,05 yesterday (April 24th).
Dollar mercilessly marches ahead, euro falls on weak business morale
On Wednesday, the 24th of April 2019, the American Dollar had extended gains against a gauge of six major currencies on an average, while the dollar index had closed the day 0.47 percent higher to 98.05, breaching a critical resistance level
Dollar edges lower in holiday thin trade, upbeat oil price drives loonies
On Monday, the 22nd of April 2019, the American Dollar was little changed against a basket of six major currencies on an average at a holiday-impacted trading session, while trading volumes were much thinner
American dollar keeps gaining on strong US retail sales data, Euro tottered
On Thursday, the 18th of April 2019, the American Dollar index (DXY) had gathered momentum on a robust retail sales data and buoyant initial jobless claims, posting an intra-day gain of 0.43 percent to 97.43, posting its best level since March 8th, 2019.
American Dollar gains after dovish ECB report
On Tuesday, the 16th of April 2019, five of six major currencies had fallen against American Dollar, while the US Dollar Index had posted a marginal gain of 0.09 percent to 96.94 against a basket of six major currencies
Dollar wilts as Euro rides on surprising demand linked to cross-border deal
On Friday, the 12th of April 2019, the American Dollar index closed the day down by 0.32 percent at 96.85, against a basket of six major currencies on average, while the US currency fell against four of six majors
Euro, Dollar change little as Fed, ECB signal patience
On Wednesday, the 10th of April 2019, both Euro zone and United States currency remained little changed, after Federal Reserve and European Central Bank had reaffirmed their patient stance
Dollar treads water despite upbeat non-farm payroll amid waning wage growth
The American dollar had experienced a slight fall on Friday, the 5th of April 2019 despite a better-than-anticipated new job opening, as wage growth remained muted
Argentine Peso hits record all-time-low amid economic uncertainty
On Friday, the 5th of April 2019, the Argentine Peso had fallen further by 1.32 percent to reach a record low of 44.00 peso per dollar, as economic and political uncertainties had been mounting pressure over the single currency
Stocks surge on Brexit optimism, dollar dips
Despite an inflammatory eurozone economic outlook, European stocks alongside currencies climbed higher, while dollar again dived in to the reds, posting its biggest weekly fall since early December
Sterling spacedives on reports May may be nearing Brexit deal ahead of vote
On Monday, the 11th of March 2019, the British Currency rose sharply over a volatile trade, after a BBC report said that the PM May might have been preparing an amended version of her divorce deal
Euro scrapes to lowest since mid-2017 as Draghi revamps stimulus
On Thursday, the 7th of March, 2019, the euro was drowned under deep water to its lowest level against the American dollar since June 2017 to $1.1175, after ECB had delayed the timing of its post-crisis rate hike to 2020
Pound posts biggest weekly gain in a month as no-deal Brexit worry wanes
Despite today’s tottering of more than 0.40 percent against USD to $1.3201 and over 0.35 percent against Euro to 0.8608, Pound Sterling still scored its largest weekly gain in a month, as fears of a no-deal Brexit retreated
Chinese Yuan hits seven-month high, Aussies gain after US delays tariff
Over optimism of substantial progress in the Sino-US trade war, the Chinese Yuan hits seven-month high on Monday, the 25th of February, while the Aussies and Kiwis had also extended gain despite a risk-on outlook
German business confidence bottle-necked, Euro lacks fuel
On Friday, the 22nd of February, data revealed that the German business confidence had fallen for the sixth consecutive months in a row, and the Euro took another tumble leaning towards $1.1330 on weekly closure
Euro lifted from three-month low, as trade hope overhauls risk-appetite
Optimism over a landmark breakthrough in talks to conclude Sino-US trade war had prodded the investors to prob into riskier assets, and as an aftermath, the euro was lifted from a three-month-low
Argentine peso keeps drowning on investment funds’ dollarization
Once a globally cherished currency, the Argentine Peso has lost over 300 hundred percent against American dollar over the past three years. In the wake of radical downturn, private purchases of dollars for hedge funds were widely being blamed
Safe-haven King US Dollar loses its crown, as trade talk progresses
On Tuesday, the American dollar fell against a gauge of global currencies including seven major currencies, putting an end to its longest winning streak in two years, as investors became optimistic and started to put money on riskier assets
Canadian Dollar drops to two-week low as oil price dips on flaccid growth
On Thursday, the 7th of February, the Canadian Dollar had been weakened to its lowest level in nearly two weeks, as a widespread worry of global economic contraction had been keeping the large buyers at bay
Australian Dollar hit hard as RBA considers rate cut, US Dollar gains
On Wednesday, the 6th of January, the Australian dollar had plunged against a basket of currencies including seven major currencies as well, as the country’s central bank had been considering the option of a plausible interest rate cut
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