After exhibiting some weakness in the Asian session, the U.S. dollar rebounded smartly Thursday morning, but fell again and stayed weak thereafter as Fed Chair Jerome Powell said the bank will not hike interest rates anytime soon. Rising Treasury yields amid hopes of a big fiscal stimulus from Joe B

Deutsche Bank has ditched its bearish view on the US dollar and turned tactically neutral on the greenback and even likes buying the dollar against the yen, according to a report by ZeroHedge. Key points Dollar weakness is at the upper bound of historical experience at this stage of the recovery and

The U.S. dollar was weak against its peers on Tuesday, turning easy after having rebounded from 2-1/2-year lows in recent sessions thanks to a jump in U.S. Treasury yields. The dollar index was down nearly 0.5% at 90.04. The index had tumbled to around 89.20 last week. Against the Euro, the dollar w

Euro Falls For A Second Consecutive Session The euro currency was down over 0.41% into Friday’s close, marking the second session of consecutive declines. The drop comes after the euro touched highs of 1.2284 on Wednesday last week. While it is too early to call for a correction, the current drop re

Tradehay.com: 05/01/2021 - 11:38 For the Dollar, the Fed is more important than the Senate elections While all eyes are on the results of the two Senate races in Georgia today, more important to the fate of the dollar will be what the Fed does this year. That means any political upheaval will be pro

LONDON (Reuters) - The dollar hit its lowest level in nearly three years on Wednesday, with markets pricing in a Democrat win in the U.S. Senate election in Georgia that would pave the way for a larger fiscal stimulus package and fuel currency market risk appetite. Democrats won one hotly contested

NZD/USD fades bounce off 0.7153, posted heaviest declines in two weeks on Monday. Covid woes are back in motion as multiple countries announce lockdown measures. Cautious sentiment ahead of Georgia elections and Sino-American tension also weigh on risks. Risk catalysts remain as the key driver ahead

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NEW YORK (Reuters) - The dollar was on track for its worst yearly loss since 2017 on Thursday as expectations of additional fiscal stimulus and loose Federal Reserve monetary policies lead investors to shun the currency and project further weakness in 2021. An improving economic outlook as COVID-19

(Reuters) - U.S. stock index futures rose slightly on Wednesday as investors appeared to have shrugged off President Donald Trump’s threat to not sign a COVID-19 stimulus bill, while also waiting for reading on weekly jobless claims and consumer spending data. In a video posted on Twitter, Trump sai

The Federal Reserve’s monetary policy announced failed to stem the dollar’s slide. The greenback traded lower against most of the major currencies with the only exceptions being the Canadian dollar and Swiss Franc, which rallied on the back of short covering. On balance, the outcome of the FOMC meet

Cable has returned to the resistance drown by the two nearest highs and seems that it bounced back. The gap was created on Monday and was not closed yet, so I'm expecting the downside move for the rest of the week. The pair made an amazing 250 rally up, now I think it's the short turn. 1.32 is expec