Inflation data for the United States, China, oil prices

December 9, 2021

SINGAPORE - Asia-Pacific markets fell on Friday as investors assess risks associated with new omicron Covid variant and anticipate key US inflation dataJapan's Nikkei 225 extended its losses from the previous s...

Asian stocks mixed after China Evergrande warned of cash flow problems | Economic news

Hayley Mitchell

December 6, 2021

US Dollar News

By ELAINE KURTENBACH, AP Business WriterBANGKOK (AP) - Stocks were mixed in Asia on Monday after struggling Chinese property developer Evergrande warned Friday night that it could run out of money.Hong Kong fel...

Aussie dollar could wobble on RBA rate decision, Omicron variant and US CPI

Hayley Mitchell

December 4, 2021

US Dollar News

Fundamental Australian Dollar Forecast: BearishThe Australian dollar hit a new low against the US dollar last weekOmicron Covid-19 variant poses risk if strict lockdowns ensueAttention Shifts to Reserve Bank o...

Silver will show the way

Hayley Mitchell

December 1, 2021

US Dollar News

For the first time in many years, the precious metal universe has outpaced the S&P 500 and Dow. This has been the case since October began. And as we thought would happen, silver has been stronger...

Afghan dispatches: “inflation tears the lives of millions of people” – JURIST – News

Hayley Mitchell

November 29, 2021

US Dollar News

Law students and lawyers in Afghanistan file reports with JURIST on the situation there after the fall of Kabul to the Taliban. Here, a law student in Kabul offers his take on how the soaring inflation of the ...

The euro is plunging – and probably won’t rebound anytime soon

Hayley Mitchell

November 27, 2021

US Dollar News

The euro has weakened against the US dollar since the start of 2021, going from around US $ 1.23 to its current exchange rate of US $ 1.13. That's a drop of around 9%, which is significant, especially since t...

USD / JPY has stamina in the 115 area

Hayley Mitchell

November 25, 2021

US Dollar News

USD / JPY sees higher levels ahead on Fed sentiment. The Fed is becoming more hawkish as inflation fears intensify. USD / JPY holds 115 area around 115.35 and sits in Thanksgiving rang...

Bitcoin does not replace gold as a hedge against inflation, crypto warning from Hillary Clinton

Hayley Mitchell

November 23, 2021

US Dollar News

When horrific inflation figures in the United States fell this month, bitcoin was flagged as a possible hedge, but it looks increasingly unlikely.Speculation that bitcoin would be used by investors as a hedge i...

NZD / USD is on forex watchlist, RBNZ showdown this week

Hayley Mitchell

November 22, 2021

US Dollar News

NZD / USD volatility is the order of the day this week around the RBNZ. 0.7220 and 0.6800 are daily swing levels observed based on the result. The NZD / USD sits near 0.7000 in the op...

Ringgit Expected to Fall Against the US Dollar Next Week | Money

Hayley Mitchell

November 20, 2021

US Dollar News

The local unit traded for other major currencies compared to the previous Friday. - photo Reuters KUALA LUMPUR, Nov 20 - The ringgit is expected to continue declining against the US dollar next week due ...

Famous economist doubts Bitcoin will become a global currency

Hayley Mitchell

November 18, 2021

US Dollar News

Mohamed El-Erian, chief economic adviser at financial services firm Allianz, says bitcoin will not be a global currency and will not replace the US dollar. However, he believes cryptocurrency will still...

Pullback in Treasury yields probes DXY bulls ahead of US retail sales

Hayley Mitchell

November 16, 2021

US Dollar News

DXY flips around the 16 month high, goes from the multi-day high to the end. Treasury yields retreat as Biden-Xi talks begin, amid retail sales anxiety ahead of the United States. US Pr...

Now widely vaccinated, Cubans prepare to welcome visitors

Hayley Mitchell

November 8, 2021

US Dollar News

Posted on Monday, November 8, 2021 | 13:23 Updated 20 minutes ago HAVANA (AP) - Handicraft vendors are returning to the streets, transportation between provinces is gradually returning to normal, and crowds o...

Belize Announces Successful Settlement of Cash Tender Offer and Redemption of All US Dollar Bonds Due 2034

Hayley Mitchell

November 5, 2021

US Dollar News

BELMOPAN from Belize, November 5, 2021 / PRNewswire / - The Government of Belize ("Belize") announces today that it has settled its public tender offer (the"Offer") to purchase its US Dollar Bonds maturing in ...

Taliban impose foreign currency ban

Hayley Mitchell

November 4, 2021

US Dollar News

The Taliban government has banned the use of foreign currency in Afghanistan, a surprise move that could weigh on a cash-strapped economy and further isolate the country. The move came as the Taliban pushed fo...

Taliban ban use of US dollar, other foreign currencies

Hayley Mitchell

November 2, 2021

US Dollar News

The Taliban announced on Tuesday that they would ban the use of foreign currency in Afghanistan."The country's economic situation and national interests demand that all Afghans use Afghan currency in every trad...

AUD / USD is trading modest losses around 0.7500, lack of follow-through

Hayley Mitchell

November 1, 2021

US Dollar News

AUD / USD edged down for the second day in a row on Monday amid modest dollar strength. The decline remains dampened ahead of major central bank events - the RBA / FOMC meetings. AUD /...

Sterling pushed down by the US dollar; rise against the euro

Hayley Mitchell

October 30, 2021

US Dollar News

The British pound fell against a stronger US dollar on Friday, but recovered some of the previous session's losses against the...

XAG / USD Remains Capped Below $ 24.20 / 25 Resistance Zone

Hayley Mitchell

October 27, 2021

US Dollar News

The resumption of Solver prices from 23.80 points lows below $ 24.25. Precious metals edged up Wednesday, helped by a weaker US dollar. XAG / USD should appreciate towards $ 25.20 - Com...

USD / CNH prints four-day downtrend near $ 6.3800 on China-U.S. News and PBOC

Hayley Mitchell

October 26, 2021

US Dollar News

USD / CNH remains under pressure around the week's low, fades and bounces off the intraday low. Discussions between the United States and China highlight the need for communication and c...

NZD / USD Forex Technical Analysis – With the price of the bullish news, the Kiwi could pull back into the value zone

Hayley Mitchell

October 24, 2021

US Dollar News

The New Zealand dollar edged down against the US dollar on Friday as investors eased somewhat higher after soaring to its highest level since June 8 in the previous session.The Kiwi surged on Thursday after the...

Dow Post Closing Record, Stocks Gain for Week 3; falling dollar

Hayley Mitchell

October 23, 2021

US Dollar News

S&P 500, the Nasdaq ends its session downEvergrande avoids default with surprise interest paymentU.S. 10-year yields fallNEW YORK, Oct. 22 (Reuters) - The Dow Jones Industrial Average set a closing record on Fr...

USD / CAD Bounces Again From Monthly Lows At 1.2350 Area

Hayley Mitchell

October 21, 2021

US Dollar News

The US dollar strengthens against commodity currencies as stocks and crude oil fall. USD / CAD extends gains during the US session, with the rise still seen as corrective. USD / CAD is...

XAU / USD targets 200-DMA as US dollar remains depressed

Hayley Mitchell

October 20, 2021

US Dollar News

Gold (XAU / USD) takes offers to renew intraday high near $ 1,775, up 0.30% a day before Wednesday's European session. The yellow metal welcomes the weakness of the US dollar to extend t...

USD / CAD stable around 1.2365 amid falling crude oil prices

Hayley Mitchell

October 18, 2021

US Dollar News

Market mood is optimistic as US stock indices are in the green. Falling crude oil prices are strengthening the outlook for the US dollar against the loonie. BoC's Tim Macklem: Global su...

Greenback ends winning streak as risk sentiment rebounds

Hayley Mitchell

October 16, 2021

US Dollar News

Reuters, NEW YORK and LONDON ...

USD / CAD Reduces Weekly Losses, Closing Close to 1.2400

Hayley Mitchell

October 15, 2021

US Dollar News

USD / CAD cuts some weekly losses amid general strength in the US dollar. The risky mood in the market, represented by US stock indices, is hurting safe-haven currencies, with the except...

Asian Stocks Rise As Wall Street Tech Gain Boosts Optimism | Economic news

Hayley Mitchell

October 14, 2021

US Dollar News

By YURI KAGEYAMA, AP Business WriterTOKYO (AP) - Asian stocks were mostly higher on Thursday, following an overnight rally on Wall Street as investors sought bargains, including tech stocks.Benchmarks rose in T...

Silver Price Analysis: XAG / USD Hits Around $ 22.60

Hayley Mitchell

October 12, 2021

US Dollar News

Silver prices hovered between $ 22.35 and $ 22.75 before falling back to previous ranges. Attempts to surge precious metals remain limited by strength of US dollar XAG / USD treading ar...

Acceptance above 50-SMA is essential to trigger further recovery

Hayley Mitchell

October 11, 2021

US Dollar News

EUR / USD is stuck in a range below 1.1600 as the US dollar tries to rebound. Bad NFP pushes EUR / USD higher, but firmer US Treasury yields will keep the decline intact. EUR / USD ex...

November Getting on track after NFP

Hayley Mitchell

October 9, 2021

US Dollar News

Fundamental Forecast US Dollar: NeutralDespite a disappointing overall figure, the September US NFP report was another important step on the path to reducing asset purchases by the Fed.Hawkish expectations for...

USD / CAD drops to four-week low amid risk appetite below 1.2550

Hayley Mitchell

October 7, 2021

US Dollar News

The US dollar falls overall stocks are rising sharply. WTI rebounds towards $ 78.00, up 0.70%. USD / CAD is heading towards the lowest close in a month ahead of key jobs data. USD / C...

US Dollar Rises as Soaring Energy Costs Raise Risk Aversion in Markets

Hayley Mitchell

October 7, 2021

US Dollar News

The US dollar is trading near the highest levels seen in several months against other major peers, its appeal as a safe haven fueled by growing concerns about soaring energy costs and its potential impact on th...

Dollar bullish environment holds as ADP beats estimates

Hayley Mitchell

October 6, 2021

US Dollar News

US DOLLAR ANALYSIS568K ADP printing promotes further dollar gains.Higher yields giving impetus to further rise in the dollar.The focus is on Friday's NFP data.FUNDAMENTAL CONTEXT OF THE DOLLARADP EXCEEDS EX...

USD / CHF cuts losses and approaches 0.9300

Hayley Mitchell

October 5, 2021

US Dollar News

The rebound in the US dollar from 0.9225 hits the 0.9280 area. The dollar appreciates thanks to the rise in yields on US Treasury bonds. USD / CHF remains biased upward over the long te...

XAU / USD Consolidates Gains Above $ 1,750 in USD Bounce

Hayley Mitchell

October 5, 2021

US Dollar News

Update: Gold (XAU / USD) accelerates the three-day uptrend while declining to $ 1,766, down 0.16% during the day, early Monday. The rebound in the US Dollar Index (DXY), amid volatile Tr...

Snapshot – The rising US dollar both symptom and catalyst of the global slowdown

Hayley Mitchell

October 4, 2021

US Dollar News

A surge in the US dollar signals for some the clearest sign of a falling tide and a sharp slowdown in the global economy for th...

Microeconomics Fiat Dollar Bear – Bitcoin Magazine: Bitcoin News, Articles, Charts and Guides

Hayley Mitchell

October 2, 2021

US Dollar News

Written on September 15, 2021The aim of this article is to unite and create a coherent argument around the basic microeconomic idea of price equal to marginal cost (P = MC), fiat money as a product, and the r...

AUD / USD presents obstacles that could be overcome

Hayley Mitchell

October 2, 2021

US Dollar News

Australian Dollar, AUD / USD, China, RBA, Fed, Yields - Fourth Quarter Fundamental ForecastThe Australian dollar depreciated against the US dollar to end the third quarterBad news can be assessed in AUD / USD,...

South African rand and US dollar see increased demand from travelers

Hayley Mitchell

October 1, 2021

US Dollar News

Image © Adobe Images A travel money specialist has reported an increase in travel warrants for the United States and South Africa as travel restrictions in the UK and around the world continue to ease. FairFX...

Oil stabilizes after report, China ready to buy more

Hayley Mitchell

September 30, 2021

US Dollar News

Crude oil storage tanks are seen in an aerial photograph at the Cushing Oil Hub in Cushing, Oklahoma, USA, April 21, 2020. REUTERS / Drone Base / File PhotoChinese Premier to Secure Energy and Electricity Suppl...

EUR / USD tries to hold 1.1600 as USD retreats, US GDP in sight

Hayley Mitchell

September 30, 2021

US Dollar News

EUR / USD regains ground in Thursday's Asian session. The US dollar index turns slightly negative amid declining Treasury yields. The weakening of the Fed, the limit on US debt and risi...

Australia: the market at its lowest for 4 months

Hayley Mitchell

September 29, 2021

US Dollar News

Australian stocks extended their losses on Wednesday, September 29, 2021, with the benchmarks S & P / ASX200 and All Ordinaries closing at their four-month low, as a wide range of issues sold off afte...

US stocks fall as bond yields rise; Dow Down more than 500 points

Hayley Mitchell

September 28, 2021

US Dollar News

US stocks fell on Tuesday, posting their biggest pullback since May, as rising bond yields deepened the rout in tech company stocks.For much of the past decade, many investors have invested in stocks of fast-gr...

Breaches critical daily support line amid rising Treasury yields

Hayley Mitchell

September 28, 2021

US Dollar News

EUR / USD continues a three-day bearish trend amid relentlessly rising US yields. The Fed's hawkish turn and optimism about the economy are raising returns with the USD. An impending b...

GBP / USD stable above 1.3700 despite US dollar strength

Hayley Mitchell

September 27, 2021

US Dollar News

GBP / USD hovers around 1.3709 at the close of the European session. The BoE's hawkishness strengthens the outlook for the pound sterling. US durable goods orders in August rose 1.8%, o...

US dollar remains strong, posts weekly gains for third consecutive time

Hayley Mitchell

September 26, 2021

US Dollar News

In its third consecutive week of gains, the greenback rallied against a basket of major currencies as investors sought the safe haven currency amid uncertainty over beleaguered Chinese real estate developer Eve...

Indian rupee: Cross Currency | Is the long-term weakness of the rupee preventable?

Hayley Mitchell

September 26, 2021

US Dollar News

The USD-INR remained in a narrow range during the week despite the hawkish statement from the US central bank; After opening at 73.81, the pair traded between 73.57 and 73.93 before ending the week at 73.69. ...

It’s now or never – US needs to prepare for digital currency

Hayley Mitchell

September 25, 2021

US Dollar News

Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to make their presence felt. It's a world where 86% of the world's...

The laurels of the rates go to the US Federal Reserve

Hayley Mitchell

September 24, 2021

US Dollar News

GBP / USD weekly forecast: rate laurels go to US Federal Reserve BOE leaves rates, asset purchases unchanged, warns of inflation. The Federal Reserve and President Powell have paved the w...

US dollar outlook is bullish on future US-China tension

Hayley Mitchell

September 24, 2021

US Dollar News

AMERICAN DOLLAR, CHINA, BELT AND ROAD INITIATIVE, TAIWAN - Talking points:US dollar may rise gradually as China-US tensions riseGeopolitical volatility could put a premium on liquidity BRI, Taiwan and South Ch...

NZD / USD hits new weekly high, bulls attack 0.7100

Hayley Mitchell

September 23, 2021

US Dollar News

NZD / USD threatens to break above 0.7100 amid bullish market conditions. US stocks are up, weighing on the US dollar. A good reading of New Zealand's trade balance may propel the NZD /...

USD / CHF remains firmer above 0.9250 on stable USD, SNB on the lookout

Hayley Mitchell

September 22, 2021

US Dollar News

USD / CHF is trading slightly higher on Thursday at the start of Asian trading hours. The US dollar index hits a four-week high above 93.40. The Swiss franc remains behind on improved ...

Technical Analysis of US Dollar (DX) Index Futures – Must maintain 93.035 Fib level to maintain bullish momentum

Hayley Mitchell

September 22, 2021

US Dollar News

The US dollar held firm against a basket of major currencies on Wednesday, as investors focused on two major risk events - a default by Chinese real estate developer Evergrande and the expected pace of US monet...

ICE Benchmark Administration Launches ICE Risk-Free Rate Indices for the US Dollar, Euro and Japanese Yen

Hayley Mitchell

September 21, 2021

US Dollar News

After the launch of the ICE SONIA indices in April 2021LONDON, September 21, 2021- (BUSINESS WIRE) - Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrast...

USD / JPY Consolidates Below 109.50 Amid Risk Aversion

Hayley Mitchell

September 20, 2021

US Dollar News

USD / JPY remains depressed following the sell-off from the previous session. The US dollar index remains stable above 93.00. The Dow Jones lost more than 600 points as risk sentiment w...

Oil drops to $ 74 due to US Gulf risk aversion and production

Hayley Mitchell

September 20, 2021

US Dollar News

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File PhotoThe strengthening of the dollar, the number of US platforms weigh on ...

US Dollar, FOMC, GBP / USD, BoE, USD / JPY, BoJ, AUD / USD, Chinese Debt Crisis

Hayley Mitchell

September 19, 2021

US Dollar News

A wave of risk aversion surprised traders last week, pushing down benchmarks and sentiment-sensitive currencies. Investors weighed Covid concerns and the risks of Chinese contagion against a faltering global ...

US dollar hits three-week high on bullish data

Hayley Mitchell

September 18, 2021

US Dollar News

The US dollar hit three-week highs on Friday, still benefiting from better-than-expected US retail sales data released on Thur...

Tap Talk to Intensify at September Fed Meeting

Hayley Mitchell

September 18, 2021

US Dollar News

Fundamental US Dollar Forecast: NeutralTThe US dollar (via the DXY index) gained + 0.65% last week on the increased odds of a Fed rate hike. Bond and bond markets are now the most aggressive in their hawkish e...

Bearish sentiment increases in the gold market as bond yields and the US dollar rise

Hayley Mitchell

September 17, 2021

US Dollar News

Editor's Note: With such market volatility, stay up to date with the daily news! In minutes, discover our quick summary of today's must-see news and expert opinions. Reg...

EUR / USD smiles again and targets 1.1800

Hayley Mitchell

September 17, 2021

US Dollar News

EUR / USD looks firm and is advancing towards the 1.1780 / 85 band. The dollar is giving up some of the recent gains on stable returns. EMU current account, next final CPI to be noted i...

GBP / USD drops to one-week low below 1.3800 as US dollar strengthens

Hayley Mitchell

September 16, 2021

US Dollar News

The US dollar soars supported by US economic data. The momentum of the pound's losses amid risk aversion, turns negative even against the euro. GBP / USD is heading towards the lowest d...

XAU / USD Cuts Weekly Gains Below $ 1,800 Before US Retail Sales

Hayley Mitchell

September 16, 2021

US Dollar News

Gold (XAU / USD) takes offers around $ 1,792.50, extending yesterday's losses ahead of Thursday's European session. The yellow metal did not benefit from the weakness of the US dollar on...

Remittance payments to Afghanistan limited to local currency sources

Hayley Mitchell

September 11, 2021

US Dollar News

LONDON, Sept. 11 (Reuters) - The Afghan central bank has ordered banks to pay remittances in local currency only, the latest move to preserve scarce U.S. dollars, people familiar with the matter say.Hard curren...

DXY extends weekly earnings, eyeing 93.00

Hayley Mitchell

September 8, 2021

US Dollar News

The US dollar index extends its weekly gains, accumulating 1%. The rise in US bond yields supports the recent trend of the greenback. A break above the 4 hour 200-SMA could push the DXY...

US dollar weakens after US wage bill falls short of expectations

Hayley Mitchell

September 4, 2021

US Dollar News

Reuters, NEW YORK and LONDON ...

Asian stocks in cautious mood, dollar near month-to-month low

Hayley Mitchell

September 2, 2021

US Dollar News

A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, in the Pudong financial district in Shanghai, China February 28, 2020. REUTERS...

US dollar slips after Fed’s Powell embraces tapering

Hayley Mitchell

August 28, 2021

US Dollar News

The US dollar slipped on Friday after US Federal Reserve Chairman Jerome Powell said in a much-anticipated speech that the US ...

NZD / USD Turns Negative On The Day Below 0.6950 As DXY Gains Ground

Hayley Mitchell

August 25, 2021

US Dollar News

The NZD / USD lost strength after renewing its weekly high at 0.6967. The US dollar index extends the rally past 93.00 on Wednesday. US durable goods orders fell less than expected in J...

Lebanon agrees to pay poor World Bank loan in dollars

Hayley Mitchell

August 23, 2021

US Dollar News

BEIRUT (AP) - The Lebanese government on Monday agreed to provide tens of thousands of poor families with cash assistance in US dollars through a ...

NZD / USD Hides At Yearly Lows Amid Covid Lockdown Announcements

Hayley Mitchell

August 22, 2021

US Dollar News

The NZD / USD is hiding in front of a new support in the low of the year. All ears to the ground for the announcement of the covid lockdown extension to 4 p.m. today. The NZD / USD cou...

The strength of the US dollar holds, but will it remain so after the fall of Afghanistan?

Hayley Mitchell

August 22, 2021

US Dollar News

Mark Sievers: Wealth MattersFifty years have passed since President Richard M. Nixon changed the US monetary system by suspending the conversion of US dollars to gold and allowing the rate ...

Dollar falling but not beaten

Hayley Mitchell

August 11, 2021

US Dollar News

What to know on Thursday August 12: The US dollar rose throughout the first half of the day but ended the day in the red against most of the major rivals. the the greenback has changed ...

Visa, MasterCard crypto credit and debit cards: should you get one?

Hayley Mitchell

August 9, 2021

US Dollar News

Coinbase has launched its own debit card with the aim of promoting the use of cryptocurrencies in payments as well as in investments.CoinbaseSome of the biggest credit card companies on the planet are trying to...

Bullish speculators bet on falling US dollar -CFTC, Reuters Data | Invest News

Hayley Mitchell

August 6, 2021

US Dollar News

NEW YORK (Reuters) - Speculators' net long bets on the US dollar were reduced last week, according to Reuters calculations and US Commodity Futures Trading Commission data released on Friday.The value of the ne...

Ringgit ends more easily against the US dollar | Silver

Hayley Mitchell

August 6, 2021

US Dollar News

Malaysian ringgit banknotes can be seen among the US dollar banknotes in this illustrative photo taken in Singapore in this file photo from August 24, 2015. - Reuters photo KUALA LUMPUR, August 6 - The r...

USD / CHF Registers Modest Rebound, Trading Around 0.9050 as Attention Shifts to US Data

Hayley Mitchell

August 4, 2021

US Dollar News

The USD / CHF closes the last seven trading days in the red. The US dollar index remains above 92.00 on Wednesday. Eyes on ADP employment trends and US ISM Services PMI data. USD / CH...

Peso facing downward pressure from election and Fed cut – MUFG

Hayley Mitchell

August 3, 2021

US Dollar News

In July, the Chilean peso weakened from 728.81 to 760.81 against the US dollar. MUFG Bank economists expect CLP to remain under pressure in the second half of this year. Nonetheless, ther...

FOREX-US dollar posts second week of gains ahead of Fed meeting

Hayley Mitchell

July 23, 2021

US Dollar News

* Potential "gold cross" in the dollar index as it rises * But the rally in the dollar could run out of steam - analyst * Focus on the Fed meeting next week * Economists expect the Fed pushes cut talks forward ...