Dollar Up, Hopes of Fed Monetary Stimulus Rise
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- November 19, 2020
- 5
Dollar gains momentum late on Friday and trims weekly losses. Cable heads for biggest weekly gain since May. Next week’s key events: NFP and Bank of England meeting. The GBP/USD did not hold to gains on Friday…
The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further…
Dollar gains momentum late on Friday and trims weekly losses. Cable heads for biggest weekly gain since May. Next week’s key events: NFP and Bank of England meeting. The GBP/USD did not hold to gains on Friday…
Gold was seen oscillating during a narrow trading band through the primary half the ecu session. A combination of things extended some support, though the shortage of shopping for warrants caution. Gold Price Forecast: XAU/USD set to check $1850 amid bullish technical setup, US PCE eyed Update: Gold…
USD/INR snaps two-day south-run, bounces off monthly low. Covid woes put a safe-haven bid under the US dollar. Indian infections rise by 44,230, virus-led deaths jumped by 555. US PCE Inflation, second-tier Indian data and…
Silver is attempting to recover but there’s an extended thanks to go until the bulls are going to be within the clear. The US dollar is down, but there are prospects of a recovery. At the time of writing is trading at…
GBP/USD pauses the previous session’s gain on Friday within the Asian session. US dollar rebounds toward 92.00 after hitting a one-month low. The sterling gains on the hope that the BOE might be less dovish further thanks to a gentle decline in…
Gold consolidates the heaviest daily and weekly gains since early May. Market sentiment sours as virus concern escalate, progress over US stimulus ignored. US dollar shrugs off Treasury yield pullback to rebound from monthly low before Core…
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The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further monetary stimulus from the U.S. Federal Reserve begin to grow. “Central bankers continue to offer promises of almost endlessly easy...
The dollar edged higher in early European trade Thursday, helped by its safe-haven status as concerns about the impact of the coronavirus remain. At 3:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 92.517, but just above the month’s low of...
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