US Dollar Hovers over a Three-Year Low with Blue WaveForex

US Dollar Hovers over a Three-Year Low with Blue Wave

The unprecedented “blue wave” in the Georgia runoff elections sent the dollar to another multi-year low.   The USD index,…

Dollar Reverts Early Gains with Democrats’ Current LeadForex

Dollar Reverts Early Gains with Democrats’ Current Lead

The control in the senate remains the determinant of the market’s pulse on Biden administration.   In the latest update,…

Pound Under Pressure, England Heads for its Third LockdownForex

Pound Under Pressure, England Heads for its Third Lockdown

Pound releases off some steam as England gears for its third nationwide lockdown amid the rising number of infections.  …

Risk Sentiment Drags the Dollar Lower Over the New YearForex

Risk Sentiment Drags the Dollar Lower Over the New Year

The start of the new year renewed investors’ confidence on the swifter path towards economic recovery.   This assumption is…

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally DoneForex

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally Done

GBP/USD posted sharp losses but then recovered. It was a roller-coaster week for the pair, the upcoming week has just…

US Dollar Remains Weak Amid 2020’s Curtain DownForex

US Dollar Remains Weak Amid 2020’s Curtain Down

Foreign currency charts reached the last trading day of the year, with the US dollar failing to regain a robust…

Pound Firms Ahead of the Transition Period’s EndForex

Pound Firms Ahead of the Transition Period’s End

The sterling pound managed to make significant strides against the USD for the day. This comes ahead of the end…

Euro Forecast Remains Bearish, Investors Trade Cautiously

After gaining significantly following the Brexit deal, the euro looms to revert early gains against the USD and other safe-haven…

US Dollar Steady as Investors Remain on Holiday MoodForex

US Dollar Steady as Investors Remain on Holiday Mood

Not even Trump’s signage of the long-awaited stimulus package could propel dollar movements as investors remain quiet amid the holiday…

Japan may Intervene only Once to Arrest Yen RiseForex

Japan may Intervene only Once to Arrest Yen Rise

Japan may intervene in the forex market to prevent its currency, the yen from rising above 100 to the dollar.…