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The Dollar continues to hover close to its highest level
FOREX Despite an improvement in market sentiment, the Dollar Index continues to hover close to its highest level in two months during early Monday trading. Figures recently published indicate the continuation of the economic recovery in China, which stimulated investors’ risk appetite, with the major stock indexes all trading in the green. However, due to[…]
Gold price has fallen to its lowest level since July
FOREX After rising more than 1.75% during the first three days of the week, the Dollar Index gave up some of those gains during early Thursday trading. Political partisanship in Washington, exacerbated by a bitter dispute over the intended ‘midnight appointment’ of a Supreme Court judge by President Trump, continues to block fiscal stimulus.[…]
Dollar Index reached an eight-week high
FOREX The Dollar Index reached an eight-week high during early Wednesday trading. The greenback’s strength largely results from weakness elsewhere. Investors are dumping the euro and the pound as the virus seems once again to be out of control, with a new economic shock looming on the old continent’s horizon. At the same time,[…]
