Tag: dollar
Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment
Jennifer -
The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...
U.S. Dollar Extends Decline Following Sharpest Drop Since 2022
Jennifer -
The U.S. dollar continued its steep decline in Friday’s Asian trading, following its largest single-day drop in over three years. Mounting economic uncertainty, renewed...
After breaking through the descending wedge, the AUD/USD exchange rate hit a nearly five-year low, and an oversold signal followed.
Jennifer -
During the European session on Wednesday, the AUD/USD exchange rate ended a three-day decline and is currently consolidating around 0.6000, supported by US President...
USD/CAD Declines Further as Bearish Trend Deepens
Jennifer -
April 11, 2025 — The U.S. dollar weakened against the Canadian dollar in Thursday’s intraday trading, continuing its downward trajectory under the firm grip...
GBP/USD Tests Key Resistance Amid Bullish Momentum
Jennifer -
April 11, 2025 — The British pound extended its gains against the U.S. dollar in intraday trading on Thursday, building on recent strength after...
EUR/USD Hits Three-Year High, Breaks Key Resistance Level
Jennifer -
April 11, 2025 — The euro surged against the U.S. dollar on Thursday, with the EUR/USD currency pair reaching its highest level in three...
ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Jennifer -
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
Musk’s double exit caused an earthquake in the cryptocurrency circle, and the market is eager to find a new direction
Jennifer -
In the early morning, Musk successively released two pieces of news that shocked the world: he resigned from the position of special adviser to...
Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
Jennifer -
Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Blame Game Escalates in Iran as Rial Plunges to Record Low
Jennifer -
The Iranian rial has hit a historic low against the US dollar amid worsening economic uncertainty, fueled by deteriorating prospects for direct negotiations with...
Avanza Investors Shift Focus from U.S. to European Funds in March
Jennifer -
Swedish online broker Avanza Bank has reported a significant shift among its fund investors, who have increasingly moved their capital from U.S.-focused funds to...
Sri Lankan Stocks on Track to Be Frontier Haven, EM Fund Says
Jennifer -
Sri Lanka, which faced an unprecedented economic crisis culminating in a default in 2022, is on the path to recovery, and global investors are...