US Dollar death-crossed as spikes in pandemic cases sour growth prospect

09-07-2020
On Wednesday, analysts from Bank of America Research Group said that the American Dollar had entered into a technical death-cross formation earlier this week, suggesting further downturn in a medium- to longer-term outlook

King Dollar rebounds as pandemic resurgence frets revive safe-haven bid

26-06-2020
On Thursday, the American currency rose across the board, while the US Dollar index (DXY) rose by 0.18 per cent to 97.41

Dollar regains safe-haven bid on frets of pandemic resurgence, dovish Powell

13-06-2020
On Friday, the American currency gained all over the board, as a cautious tone from Fed Chair Powell appears to have revived the safe-haven bid for the US Dollar

Safe-haven Yen, Franc gain as Fed mirrors a gloomy photograph

11-06-2020
On Thursday, after rising as much as 0.2 per cent during the Asia-Pacific trading hours, the US Dollar Index (DXY) was edged lower by 0.1 per cent in midday European trading, while safe-haven Yen and Franc gain on dour economic projection

South African rand hits 11-week peak, stocks rally

08-06-2020
On Friday, the South African currency had hit its 11-week peak after an upbeat US job data that led to an improvement in appetites for riskier assets

ECB stimulus lifts euro; stocks pause after week-long rally

05-06-2020
On Thursday, the erudite euro had extended its eight-day long winning streak and climbed to a three-month-peak against the greenback

Dollar Index drops to 11-week low as risk-appetite returns; euro nears 3-month peak

04-06-2020
On Wednesday, the American currency fell across the board with the US Dollar Index (DXY) plunging 0.32 per cent

US Dollar eases off as economic recovery spread

03-06-2020
The American currency fell across the board on Wednesday Asia-Pacific trading hours, as nationwide protests spread across the United States

US Dollar dented on dismal data; EU recovery fund boosts euro

29-05-2020
On Thursday, the American dollar fell across the board, while the bloc's common currency hit a two-month peak against its American counterpart

Dollar drowns as risk appetite ramps up on hopes of pandemic vaccine

27-05-2020
The American Dollar had experienced a broad-based sell off on Tuesday with the US Dollar index (DXY) wrapping up the day down by 0.81 per cent

King Dollar gains on fresh Sino-US tension; offshore yuan hits two-month lows

24-05-2020
The American currency rounds off Friday's market in a fairly upbeat note with the US Dollar Index (DXY) rising 0.4 per cent to 99.78

US Dollar weakens as euro gains on Franco-German proposal of €500 billion relief fund

19-05-2020
On Tuesday, the US Dollar fell against a basket of major currencies but safe-haven Japanese Yen, as the bloc’s common currency extended its Monday’s (May 19th) gain following reveal of a Franco-German proposal of a €500 billion relief fund

King Dollar gains, revives safe-haven bid as bleaker global economic data bite

07-05-2020
On Wednesday, the 6th of May 2020, American Dollar had reported robust gains against a number of major currencies, while emerging market currencies had fallen to pieces following reveal of a raft of much-bleaker than anticipated global economic data

US Dollar strengthens as eurozone rescue bill uncertainty drags on

24-04-2020
On Thursday, the American Dollar bolstered against the bloc’s single currency in a choppy session that witnessed a waft of wild swings after a video conference summit of EU leaders had failed to reach a conclusive agreement on relief bills

US Dollar spikes to one-week peak as dismal data spur up safe-haven bid

17-04-2020
On Thursday, the 16th of April 2020, the American Dollar Index (DXY) measured against a bucket of six major currencies rose as much as 0.45 per cent to round off the day at 100.10 after hitting an intra-session high of 100.30

Sterling snapped as British manufacturing PMI suffered record slump to 36.0

05-04-2020
On Friday, the 3rd of April 2020, the British currency had erased some of its gains made earlier this week, as British Services and Manufacturing sector PMI (Purchasing Managers’ Index) data had revealed a record slump

King Dollar softens as major Central Banks pledge to dollar liquidity

21-03-2020
On Friday, the American Dollar index (DXY) measures against a basket of six major currencies on an average retreated from a three-year-peak as six major Central Banks had pledged to certain measures to ensure dollar liquidity in the market

Pound pummelled to 35-year low against US Dollar; hits decade-low against euro

19-03-2020
On Wednesday, the 18th of March 2020, there had been a mad-rush of American dollar purchase across the globe following a strident rise of coronavirus-led death tolls in Europe

American Dollar skyrockets amid growing outcry over liquidity on coronavirus pandemic

18-03-2020
On Tuesday, the 17th of March 2020, the American Dollar index (DXY) measured against a basket of six major currencies on an average had reported its steepest intra-session gain since 2016

Toronto stock exchange totters 10%, loonie hits 4-year low as Covid-19 fears grow

17-03-2020
On Monday, the 16th of March 2020, Canada’s Toronto Stock Exchange Index had pummelled nearly 10 per cent, while the Canadian currency was tumbled to a fresh four-year low

American dollar dwindles against Yen, Swiss Franc, as risk-appetite disappears

12-03-2020
On Wednesday, the 11th of March 2020, the American dollar fell against the safe-haven Japanese Yen and Swiss Franc, while a steep plunge in the Wall St. had remarked an end of an eleven-year long gaining streak of Wall St.

US Dollar sharply rebounds vs safe-have Yen, Swiss Franc over stimulus hope

11-03-2020
On Tuesday, the 10th of March 2020, the US Dollar index (DXY) measured against a basket of six major currencies on an average had sharply rebounded following a havoc-scale plunge on Monday (March 9th)

US dollar nosedives to two-month low as traders expect more rate-cut

06-03-2020
On Thursday, the 5th of March 2020, the American currency had faltered to a fresh two week low and the US 10-year treasury notes had fallen to a new low below 0.90 per cent

Dollar nosedives to seven-week low against Japanese Yen as Fed hints rate-cut

01-03-2020
On Friday, the 28th of February 2020, the American dollar fell to a seven-week low against the Japanese currency after the Fed Chair Jerome Powell had hinted the US Central Bank could slash interest rate this year

American dollar drowns as virus fear feathers Fed rate-cut optimism

26-02-2020
On Tuesday, the 25th of February 2020, the US dollar index (DXY) measured against a basket of six major currencies on an average fell 0.29 per cent to 98.64, as the American currency appeared to have erased its safe-haven appeal