DOLLAR DOWN, BUT NEAR YEAR HIGH AS INVESTORS AWAIT FED’S NEXT TAPER MOVE
The dollar was down on Wednesday morning in Asia but held near a one-year high amid rising speculation that the U.S. Federal Reserve will announce the beginning of asset tapering in November 2021, followed by potential interest rate hikes by the middle of 2022.
Dollar rises as virus restrictions hurt risk sentiment
The U.S. dollar edged higher against a basket of currencies on Thursday, as increased restrictions in parts of the world to contain the spread of COVID-19, including the new Omicron variant, tempered investors' appetite for riskier currencies.
EUR/USD – Can it turn things around?
The euro is trading lower against the dollar again after a brief rebound late last month. But was the rebound brief or is there more to come?
Dollar Up as Omicron Fears Die Down
The dollar was up on Tuesday morning in Asia as concerns about the omicron COVID-19 variant started receding.
EURUSD Price May Retest $1.1206 Level Before Bullish Reversal Commence
EURUSD is pulling back
Safe-haven yen, Swiss franc rise on Omicron fears, Fed policy uncertainty
The dollar ticked higher on Friday amid a broadly calmer tone in markets as fears over Omicron’s impact eased, but currency moves were muted ahead of a key U.S. payrolls report that could clear the path to earlier Federal Reserve interest rate hikes.
Safe-haven yen, Swiss franc rise on Omicron fears, Fed policy uncertainty
The dollar ticked higher on Friday amid a broadly calmer tone in markets as fears over Omicron’s impact eased, but currency moves were muted ahead of a key U.S. payrolls report that could clear the path to earlier Federal Reserve interest rate hikes.
EUR/USD Price Analysis: Trapped between the 4-hour 50 and 100-SMA, around 1.1300
The shared currency advances against the greenback, up some 0.10%. The US Dollar Index, which measures the buck’s performance against six rivals, is flat at 96.16. EUR/USD: Mild bearish, but it needs a break below the 50-SMA to resume the downward move.
Peso up on stock market’s gains, decline in infections
Bankers Association of the Philippines.
US Dollar Leaps on Fed Re-Nomination Pumping Up Treasury Yields. Will USD Keep Going?
The US Dollar rode higher as US yields rose across the curve. Crude oil prices recovered after OPEC+ threw a curve ball. With Thanksgiving almost here, where will USD go on holiday?
Dogecoin Creator Addresses "Harassing" and "Insulting" Shiba Inu Community
Dogecoin and Shiba Inu rivalry continues, with the creator of the former addressing toxicity and scammers inside the Shiba Inu community
Argentina Introduces New Tax on Cryptocurrency Effective Immediately
The new tax rule sees crypto transactions subject to cheque tax, a tax on credit and debts.
GBP/USD (CABLE) 4Hour Anticipation
Daily wise bearish structure, but as 4H shown shift in structure to the topside