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Forex Analysis
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Page 3
US Dollar Plunge to Fresh 27 Months Low on Fed's Dovish Stance
FX Technical Report – Week Ahead
US Dollar Fell After Fed’s Powell Speech, Euro…
August 28th
US Dollar Index Fell Below 93 Level As…
August 27th
Pre-Asian Trading Session Update
August 26th
US Dollar Rebounds from 27-Month Low, Gold and…
August 24th
USD Index Soars on Fed's Stance, Gold and Euro Tumble
USD index soared above the 93 levels after hitting twenty-seven months low on Tuesday. US dollar is among the worst-performing currencies over the last couple of months. The index is down around 7% in the past six months.
August 20th
US Dollar Plunge to 27-Month Low, Gold is Still Below $2000
US Dollar dropped to the lowest level in the last twenty-seven months on Tuesday amid trader's concerns over the US-China trade war and economic recovery. The USD index slid for the fifth day in a row and it is down almost 7% in the last six months.
August 19th
US Trading Session Wrap Up
Brexit negotiations set to resume today. Dollar drops to a decade low, almost reaching 92.0. Gold rebounds after an initial slip, rising back above $2,000 an ounce.
August 18th
US Dollar Slid Well Below 93 Level, Gold is Close to $2000
US Dollar plunged to fresh two years low as investors reacted strongly over the new trade tensions between the world’s largest economies along with rising concerns slower than expected economic recovery.
August 18th
US Dollar Struggles but Euro and Sterling Remains Strong
The US dollar continues to trade around two years low amid concerns over economic recovery and stimulus package. The USD index trades around a 93 mark against a basket of currencies, slightly above from two years low that it had hit in July.
August 17th
US Dollar Fell to Weekly Low, Euro Extends Gains
The US dollar plunged sharply on Thursday and continued the downside momentum in Friday trading as investors are showing concerns over economic recovery and the second federal stimulus package.
August 14th
The US Dollar Index Regain Momentum as Jobless Claims Fall
After hitting 2020 low of 92.50 on Thursday, the US dollar index recovered on Friday as the drop in jobless claims helped in soothing investor’s sentiments.
August 7th
The US dollar Index Weakens Further, Gold and Euro Soars
The US dollar continues losing value against gold and major currencies amid rising concerns over economic recovery and increasing coronavirus infections. The US dollar has lost more than 4% value in July, representing the biggest monthly drop in a decade.
August 6th
The US Dollar Rally Might be Short-lived Amid Economic Worries
The US dollar rebounded with the beginning of the new month after reporting the worst monthly performance in nearly a decade. The US dollar index surged to 93.50 level in Monday trading against the basket of major currencies.
August 4th
Euro Slid and the US Dollar Rebound as Bearish Bets Reached Record Level
The US Dollar rebounded slightly after generating the largest monthly drop in a decade as the greenback struggled due to investors’ concerns over the economic situation of the world’s largest economy.
August 3rd
Dollar Index Back Under Pressure As Markets Brush Off ‘Supportive FED’
Dollar Index slips key 93.00 level with global equity bourses under pressure. GBP/USD continued its aggressive bullish run, breaking above 1.3100 during Asian trading hours. Northern England has had to revert back to a lock down state as virus cases pickup heading into the summer
July 31st
The US Dollar Fell to Two Year Low After Fed Kept Interest Rate Unchanged
The US dollar slipped to two year low against the basket of other major currencies as Federal Reserve’s chairman kept the interest rate around zero range.
July 30th
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