USD started the week on a positive note, as investors are turning to the US inflation data which will be released tomorrow. DXY Index has increased by 0.22% to 92.79. USD has also gained against EUR a...
ECB decided earlier to trim the emergency bond purchases in Q4 but did not officially admit that it was tapering. The decision marked the first step towards unwinding the stimulus aid during the pande...
Salvadoran President has announced the rollout of Bitcoin on Wednesday and asked users to report problems on his Twitter feed. The country has become the first to adopt Bitcoin as legal tender. Howeve...
EUR is waiting for ECB’s policy decision on Thursday. Since August 20th, EUR has advanced more than 2% against USD, primarily due to USD’s weakness. If ECB keeps the same dovish stance as the Fed, ana...
From September 7, El Salvador will become the first country in the world to adopt cryptocurrency as legal tender. The historical decision will allow Salvadorans living abroad to send money back home u...
USD fell for a fourth straight day on Friday after a much weaker US nonfarm payroll. In August, 235k jobs were added, which was well below the expectation at 728k. However, the unemployment rate dropp...
USD sank to its lowest point in almost a month today, with the DXY Index trading near 92.2, sharply lower compared with even a week ago. Later in the day investors will have the latest non-farm payrol...
USD traded lower overnight against major counterparts especially EUR, pressured by the big misses from the labor market. Data from ADP shows that private payrolls added only 374k in August, much lower...
New Zealand released its ANZ Business Confidence figure on Monday. The August reading landed at -14.2, sharply down from the -3.8 in July. However, despite the gloomy business confidence, NZDUSD has b...
USD currently hovers around its two-week low around 92.60 at press time. Investors are looking ahead to this Friday’s non-farm payrolls. Last week the Fed Chair Powell has commented that employment mo...