Offshore Market: Yuan of China and the United States DollarForex

Offshore Market: Yuan of China and the United States Dollar

In the offshore market, the Chinese yuan was the biggest mover. Thus, against the United States dollar, it fell to…

Secretary of State Mike Pompeo, Dollar, and Other NewsForex

Secretary of State Mike Pompeo, Dollar, and Other News

Against the greenback, Scandi currencies, and the Euro fall. The most significant move was in the Yuan versus the U.S.…

The Euro, Chinese Yuan, the United States Dollar, and OthersForex

The Euro, Chinese Yuan, the United States Dollar, and Others

Since March 25th, the yuan had its worst day. The sterling returned its gains. Nonetheless, the Euro is relatively stable.…

Chinese Yuan, United States Dollar, Other CurrenciesForex

Chinese Yuan, United States Dollar, Other Currencies

The yuan has had its worst day since March 25. Sterling is returning its gains. Nevertheless, the Euro is relatively…

The United States Dollar, Central Banks, and Japanese YenForex

The United States Dollar, Central Banks, and Japanese Yen

The United States Federal Reserve left the door open to more monetary easing. Thus, the dollar fell overnight. Moreover, positive…

The Economy of the United States and Other Market NewsForex

The Economy of the United States and Other Market News

Let’s check the situation of the United States. The policymakers will most probably keep their promise to do whatever it…

The Dollar, The Commerce Department, and the Federal ReserveForex

The Dollar, The Commerce Department, and the Federal Reserve

Gilead Sciences reported an encouraging update on a potential treatment for coronavirus. So stocks surged following this. On Wednesday, the…

The Federal Reserve and European Central Bank ActionsForex

The Federal Reserve and European Central Bank Actions

The Federal Reserve led the global monetary policy response to the pandemic of the coronavirus. The United States dollar was…

Swedish Crown, Common Currency, and United States DollarForex

Swedish Crown, Common Currency, and United States Dollar

Against the euro, the crown jumps to a 6-week and two week-high against the United States dollar. Riksbank is leaving…

The Situation in the United States and Other Forex NewsForex

The Situation in the United States and Other Forex News

On Sunday, Western Australia and the Australian states of Queensland said that they would ease social distancing rules this week.…