What you need to know on Friday, May 14: The US currency maintained its strength, reaching new weekly highs against most major rivals. However, demand for the dollar lost momentum after the release of encouraging data related to the US Unemployment claims fell to 439,000 in the first week of May, its lowest reading since […]
Tag: BitcoinGold
Forex Today – Asian Session: Non-Farm Payrolls on Good Friday
What you need to know on Friday, April 2: The dollar was slightly down against all of its major rivals as US Treasury yields were in retreat mode. The yield on the benchmark 10-year Treasury bond fell to 1.67%, 10 basis points below the multi-month high reached earlier this week. Rivals to the dollar were […]
Forex Today – Asian Session: Dollar Holds Most Weekly Gains As Busy Calendar Approaches
What you need to know on Thursday, February 4: Most of the major pairs are consolidating this Wednesday, with the dollar retaining most of its weekly gains. The dollar fell modestly, still supported by hopes for a new US stimulus package. Democratic senators moved forward with a coronavirus aid package, with the goal of passing […]