© Reuters. By Gina Lee biedex.markets – The dollar was up on Thursday morning in Asia, but stayed near three-year lows, as the U.S. Federal Reserve continued a dovish stance that
© Reuters. FILE PHOTO: Fed’s Powell is pictured preparing to speak before a House committee in December (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said some form of congressional authorization
The US dollar index (DXY) has formed a bearish pennant after the first testimony by Jerome Powell. It is trading at $90.08, which is 1% below the February high of $91.05. US
Hong Kong dollar joins EM currencies sell-off
The USD/HKD price rose today as forex investors reacted to the latest Hong Kong GDP data and the new stimulus by the government. The pair rose to 7.7550, which is slightly above
© Reuters. By Peter Nurse biedex.markets – The dollar drifted lower in early European trading Wednesday, with traders betting on riskier currencies after Federal Reserve Chairman Jerome Powell kept a dovish stance
© Reuters. By Gina Lee biedex.markets – Gold was up on Wednesday morning in Asia, close to a one-week high reached during the previous session, due to a weaker and comments by
© Reuters. Why the RBA Really Doesn’t Appreciate an 80-Cent Aussie Dollar (Bloomberg) — The Reserve Bank of Australia would really prefer if its currency didn’t trade above 80 U.S. cents, eroding