What Will Happen to the US Dollar After Joe Biden’s Inauguration?

US Dollar Back Above 93 Levels as Vaccine Optimism Fades

US dollar is steady, but analysts see bull…

November 11th

US dollar slumped on vaccine discovery, Biden win

November 10th

US dollar rally fades as Biden is close…

November 5th

Elections 2020: US Dollar Extend Gains as Trump…

November 4th

Elections 2020: US Dollar Soar Despite Biden’s Lead, Equities Rally

The US dollar traded in green as the election vote count begin and initial results show that former vice president Joe Biden is leading in electoral votes. Meanwhile, the incumbent president Donald Trump is leading in a few swing states.
November 4th

US Dollar Jumped to 4-week High on Lockdowns, US Elections

US dollar bounced to the highest level in the last four weeks as a record level of coronavirus infection across Europe and the United States has enhanced investor’s sentiments about the US dollar.
November 2nd

US Dollar jump to weekly high on lockdowns, equities fell

US dollar jumped sharply in Wednesday trading as demand for safe-haven assets jumped on the robust increase in virus infections and the introduction of new business restrictions.
October 29th

GBP/AUD Bullish to 1.85160

GBP/AUD daily resistance range broken simultaneously with the 200 EMA. Looking for a pullback at 78.6% Fibonacci to the accumulation box with bullish candle reversal for confirmation to take GBP/AUD to target 1. Key Points: Volume dropping with higher high and higher low candles Price holding above the 200 EMA…
October 28th

US Dollar Trades Below 93 Mark Despite Steep Equities Selloff

US dollar continues to trade below 93 levels despite the massive stock price selloff on concerns stemming from record growth in daily virus infections. US and European stock markets lodged the largest daily decline in the past few months on Monday and extended that downtrend in Tuesday trading.
October 27th

US Dollar Recover Losses amid Bearish Sentiments for Riskier Assets

US Dollar bounced back as investor's concerns over the second coronavirus wave have lowered the focus towards the riskier assets. The fading hopes on the stimulus package have also negatively impacted riskier assets in the past few days.
October 26th

EUR/GBP short to 0.90600

Potent gravestone doji candle confirmed on Fridays 4-hour time frame close at major resistance 0.91000, signaling bearish momentum for EUR/GBP. EUR/GBP also crossing below trend line on 1-hour time frame confirming execution to target 0.90600. Key Points: 4 Hour – Gravestone Doji @ 0.91000 1 Hour – Crossing trend line RSI…
October 25th

US Dollar Rebounds from Seven-Week Low, Gold Fell 1%

The US dollar index recovered slightly from the lowest level in seven-week as hopes for the stimulus package before the election faded.
October 23rd

US Dollar Dips on Chinese Data, Riskier Currencies Soar

US dollar fell sharply on Monday after news that Chinese gross domestic product grew 4.9% in the third quarter, driven by robust industrial and retail sales growth. Asian currencies soared after the reports of acceleration in the Chinese economy.
October 19th

US Dollar Soars as Equities Slid on Virus Concerns

US dollar soared sharply on Friday as traders have started moving towards safe-haven assets after the European region has been witnessing the massive growth in virus infections.
October 16th

US Dollar Trades in a Tight Range, Gold, and Riskier Assets Fall

US dollar continues to trade around the 93.40 level against the basket of six major currencies amid the uncertainty regarding the stimulus package and concerns over the second coronavirus wave. The USD index has been trading in a tight range of 92.90 to 93.60 levels over the past few days.
October 15th

US dollar Steady Despite Fading Stimulus Hopes, Equity and Gold Bounce Back

US dollar bounced back sharply as it's clear that no stimulus is possible ahead of the election. The deadlock between both parties’ enhanced investors focus on the safe-haven assets and dropped the confidence in risker assets including stocks and European currency.
October 14th