GBP/AUD Exch Rate Slides, Aussie10 Benefits from Dovish FedForex

GBP/AUD Exch Rate Slides, Aussie10 Benefits from Dovish Fed

GBP/AUD tumbled last night and hit a low of 1.7816 in morning trade. The GBP/AUD pair has recovered slightly since…

Dollar Edges Up, but Gains were CappedForex

Dollar Edges Up, but Gains were Capped

The dollar rose on Wednesday morning in Asia, though it remained broadly weaker with falling Treasury yields. The decline has…

Dollar Up; The Fed Seen Tolerating Higher YieldsForex

Dollar Up; The Fed Seen Tolerating Higher Yields

The dollar traded higher in early European forex trading Tuesday, as the Federal Reserve took a more liberal stance to…

GBP/NZD Rate Trends Close to the Month’s Worst Levels Forex

GBP/NZD Rate Trends Close to the Month’s Worst Levels 

GBP/NZD was trending on Friday morning near a low of 1.8948, the worst level for GBP/NZD since early February. The…

Dollar Touches Three-year Lows versus Risk Currencies Forex

Dollar Touches Three-year Lows versus Risk Currencies 

The dollar index fell to three-year lows against the Australian and Canadian dollars, its lowest since early January on Thursday.…

Dollar Drops in Early Europe TradingForex

Dollar Drops in Early Europe Trading

Forex traders seem to have forgone the dollar judging by results from early trading in Europe on Wednesday. As such,…

Turkey, its Forex Reserves, and PoliticsForex

Turkey, its Forex Reserves, and Politics

Countries across the world suffered heavy losses in 2020 and Turkey is not an exception. Interestingly, Turkey’s finance minister defended…

U.S. Dollar Was unable to Retain its Earlier GainsForex

U.S. Dollar Was unable to Retain its Earlier Gains

The U.S. Dollar is one of the most recognizable currencies in the world and this fact once more highlights its…

Dollar Down on Labor Data, Sterling Remains StrongForex

Dollar Down on Labor Data, Sterling Remains Strong

The dollar was lower in early European forex trading on Friday, following underwhelming labor market data. This weakened optimism over…

Dollar Lowers; Fed Retains Easy Policy StanceForex

Dollar Lowers; Fed Retains Easy Policy Stance

The dollar was lower in early European forex trading Thursday, as riskier currencies were more in favor. This came after…