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News 26/07/2021

2021-07-26T08:35:43+00:00

International The U.S dollar managed to hold on to its gains after a strong show last week. It ended the week firmer as the market was gearing up for the federal reserve meeting due this week. The dollar index closed at 92.192 after reaching a high of [...]

News 26/07/20212021-07-26T08:35:43+00:00

News 23/07/2021

2021-07-26T08:18:29+00:00

International The US Dollar edged lower in yesterday’s trade, giving away some of its gains from the previous session. This is attributable to dollar demand fading, triggered by renewed interest for riskier assets. The dollar ended the session lower at 92.754 after reaching a low of 92.726. [...]

News 23/07/20212021-07-26T08:18:29+00:00

News 22/07/2021

2021-07-26T08:09:40+00:00

International The US Dollar edged lower in yesterday’s trade, giving away some of its gains from the previous session. This is attributable to dollar demand fading, triggered by renewed interest for riskier assets. The dollar ended the session lower at 92.754 after reaching a low of 92.726. [...]

News 22/07/20212021-07-26T08:09:40+00:00

News 20/07/2021

2021-07-26T07:54:30+00:00

International A good start to the week for the U.S dollar as it further advanced, benefitting from risk aversion triggering a flight to safety as investors remain concerned about the coronavirus impact on the global economy. The dollar index closed the session at 92.891 after reaching a [...]

News 20/07/20212021-07-26T07:54:30+00:00

News 19/07/2021

2021-07-19T07:47:03+00:00

International The US dollar edged higher on the day, also managing to maintain its weekly gains. The dollar was boosted by a strong print of US retail sales data, which pointed out strong economic activities for the month of June. The dollar index rose to a high [...]

News 19/07/20212021-07-19T07:47:03+00:00

News 16/07/2021

2021-07-19T07:39:07+00:00

International The dollar retraced some of its previous losses as the US weekly jobless claims data declined to 16-month lows, signaling that the labor market is gaining traction.  The dollar found additional support from the Fed’s chair sentiments which remained unchanged as he continued his second day [...]

News 16/07/20212021-07-19T07:39:07+00:00

News 15/07/2021

2021-07-19T07:33:55+00:00

International The dollar retreated against its rivals giving back some of its previous gains, following dovish comments from the Fed’s chair, maintaining the outlook that elevated levels of inflation are merely transitory, and should ease in the following months. The dollar index touched a low of 92.349 [...]

News 15/07/20212021-07-19T07:33:55+00:00

News 09/07/2021

2021-07-19T07:07:13+00:00

International The dollar lost ground against a basket of its peers, struggling to continue its uptrend, following the Fed’s meeting. The dollar failed to keep afloat and dipped to a low of 92.244 to end the session at 92.373. The euro staged a recovery on the back [...]

News 09/07/20212021-07-19T07:07:13+00:00

News 08/07/2021

2021-07-08T07:48:39+00:00

International The dollar strengthened in yesterday’s session, buoyed by safe haven demand as market participants await key data from the minutes of the latest Fed meeting and upcoming US jobless claims data.  The dollar index reached a high of 92.662 and ended the session at 92.546. The [...]

News 08/07/20212021-07-08T07:48:39+00:00

News 07/07/2021

2021-07-08T07:44:28+00:00

International The dollar strengthened in yesterday’s session, buoyed by safe haven demand as market participants await key data from the minutes of the latest Fed meeting and upcoming US jobless claims data.  The dollar index reached a high of 92.662 and ended the session at 92.546. The [...]

News 07/07/20212021-07-08T07:44:28+00:00
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