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The US dollar is slightly down
FOREX The US dollar is slightly down against the other major currencies during early Monday trading, but still close to the multi-month highs reached last week as investors have their attention set on the Fed’s policy statement, which is due to be released on Wednesday. The recent strength of the greenback has to a large[…]
The euro is slightly up against the US dollar
FOREX The euro is slightly up against the US dollar during the early part of Thursday’s trading session, as the greenback recedes from the multi-month highs reached earlier in the week. The US currency had been supported by pandemic-related fears during the first part of the week, due to its safe-haven status. Such fears have now[…]
The dollar remains supported during early Wednesday
FOREX The dollar remains supported during early Wednesday trading, despite the fizzling-out of some of the risk aversion that propelled it to multi-month highs during yesterday’s session. Fears over the resurgence of the virus continue to linger, especially in the Asia-Pacific region, but stocks in Europe and the US were in the green at[…]