9 Articles
9 Articles
US Dollar Retreats: Weak Data Triggers Shift in Forex Market
BitcoinWorld US Dollar Retreats: Weak Data Triggers Shift in Forex Market The movement of the US Dollar is often a major talking point in global finance, influencing everything from commodity prices to the sentiment in risk asset markets like cryptocurrency. Recently, the dollar experienced a notable retreat. This wasn’t due to geopolitical shocks or sudden policy shifts, but rather a reaction to weaker-than-expected economic data released domes…
Will the downtrend begin amid Fed signals and weakening US data? - London Business News
The Japanese yen has recently recorded notable gains against the U.S. dollar, benefiting from a combination of economic and market factors that have significantly pressured the dollar’s performance. The continued… The post Will the downtrend begin amid Fed signals and weakening US data? appeared first on London Business News
The dollar should see a quiet end to the week - Monex Canada
CAD While USDCAD managed to threaten 1.40 yesterday afternoon, the pair slipped lower overnight, and has continued to slide this morning. That is despite the limited data and news flow available for traders to digest. It is, however, in line with a modest improvement in risk conditions, which is typically loonie supportive. Assuming another day of limited headlines, sentiment is likely to remain trading in positive territory. And if yesterday’s …
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