Aussie declined in value; RBA remains dovishForex

Aussie declined in value; RBA remains dovish

At the meeting of central banks this week, the Reserve Bank of Australia was perceived as more dovish than expected.…

NZD/USD Latest Forex Technical AnalysisForex

NZD/USD Latest Forex Technical Analysis

The US Dollar strengthened ahead of the New Zealand Dollar on Friday. This change in value is a result of…

USD Up as Fed may Begin Tapering, COVID-19 still SurgingForex

USD Up as Fed may Begin Tapering, COVID-19 still Surging

On Friday, August 20, the USD rallied as the Federal Reserve signaled a possible asset tapering this year. Although the…

USD Rose as Federal Reserve may Begin Asset Tapering on 2021Forex

USD Rose as Federal Reserve may Begin Asset Tapering on 2021

On Thursday, August 19, USD rose as investors anticipated the Fed to begin asset tapering this year. While the Kiwi…

US Dollar Tumbled ahead Fed’s July Meeting Minutes ReleaseForex

US Dollar Tumbled ahead Fed’s July Meeting Minutes Release

On Wednesday, August 18, the US Dollar tumbled as investors eye for the release of the Federal Reserve’s July meeting…

Safe-Haven Currencies Climbed as Economic Sentiment WeakensForex

Safe-Haven Currencies Climbed as Economic Sentiment Weakens

On Tuesday, August 17, safe-haven currencies climbed as they benefited from the weakening economy, China’s disappointing data, and the continued…

USD Climbed but Lingered Near a One-Week Low – Why?Forex

USD Climbed but Lingered Near a One-Week Low – Why?

On Monday, August 16, the USD climbed but it lingered near a one-week low as the recently released consumer sentiment…

USD Fell as Investors Eye Hint on Fed’s TimetableForex

USD Fell as Investors Eye Hint on Fed’s Timetable

On Friday, August 13, the USD declined, however, it remains near its four-month high following yesterday’s release of the producer…

US Dollar Fell as the Latest CPI Release Calms Fed TaperForex

US Dollar Fell as the Latest CPI Release Calms Fed Taper

On Thursday, August 12, the US dollar fell due to declining the latest inflation data. This calmed Fed’s pressure on…

US Dollar Continued to Rise as Investors Eye Inflation DataForex

US Dollar Continued to Rise as Investors Eye Inflation Data

On Wednesday, August 11, the US dollar climbed following the positive jobs report and Fed’s hint of sooner asset tapering.…