Dollar Eases From 4-Month Highs as Yield Spike Loses Steam

© Reuters. By Yasin Ebrahim Inveting.com – The U.S. dollar gave up some of its gains Tuesday following a rise to four-month highs on the back of falling U.S. bond yields – a move that analysts warn could continue.  The , which measures the greenback against a trade-weighted basket of six major currencies, rose by […]

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EUR/USD eases to session lows as sellers look to seize near-term control

EUR/USD falls to a low of 1.1918 to start the session Invest in yourself. See our forex education hub. The dollar is holding slightly firmer footing to start the day, helped by a decline in the yuan earlier, though the rest of the market is keeping steadier in general for now. The euro is among […]

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EUR/USD eases towards key near-term level as the dollar shows some fight

EUR/USD falls to 1.2105 and nears a test of its 100-hour moving average The greenback is higher across the board in European morning trade and is starting to run against some key levels on the charts today. Of note, EUR/USD is now down to near 1.2100 as price closes in on a test of the […]

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Squeeze Eases, Dollar Rises, Amazon, Alphabet Earnings – What’s up in Markets

© Reuters. By Geoffrey Smith  Investing.com — The squeeze on shorted stocks and silver eases, while Robinhood raises another $ 2.4 billion from shareholders to fund its collateral requirements. Amazon (NASDAQ:) and Alphabet (NASDAQ:) report after the bell, while Exxon (NYSE:) and BP (NYSE:) are out earlier. The dollar rises as U.S. stimulus talks progress and […]

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Asian equities set to gain as short-squeeze subsides; dollar eases

© Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing Nikkei index outside a brokerage in Tokyo By Alwyn Scott NEW YORK (Reuters) – Asian stocks were set to rise on Friday after U.S. shares rallied and the dollar eased overnight, as fears […]

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USD/JPY extends drop under 103.00 as dollar eases further on the session

USD/JPY trades to its lowest levels since March last year The dollar isn’t getting much reprieve on the session as it continues to falter against the rest of the major currencies bloc in trading today. EUR/USD is testing 1.2300 again while USD/JPY has slipped by 0.5% to a low of 102.72. Looking at the chart, […]

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Sterling eases to start the session as Brexit saga drags on into the week

Cable slips to a session low of 1.3323 For bank trade ideas, check out eFX Plus The pair slipped to a low of 1.3225 yesterday before observing a modest rebound back towards 1.3400. However, the move stalled near the figure level with the 100-hour moving average (red line) also helping to limit the rebound. Since […]

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Cable eases back to key near-term levels on pullback after testing 1.3400

GBP/USD retreats to its 100-hour moving average after testing 1.3400 For bank trade ideas, check out eFX Plus The pair hit a fresh three-month high earlier in the day, breaching 1.3400 briefly for the first time since 1 September as the high touched 1.3407. However, buyers are unable to sustain the momentum so far and […]

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EUR/USD inches to near three-month high as dollar eases a little on the session

EUR/USD nudges its way to 1.1930, highest level since 1 September For bank trade ideas, check out eFX Plus Buyers are now trying to hold a break above the 9 November high of 1.1920, with a firm push above that to see little in the way of the pair heading towards some daily resistance around […]

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