Dollar Falls as U.S. Yields Slip, but Bearish Bets Easing Amid Recovery

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell sharply against its rivals Monday, paced by declining U.S. bond yields, but the pullback could be short-lived as the expected rise in rates has forced some on Wall Street to ease their bearish bets on the greenback. The , which measures the greenback against a […]

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AUD/USD falls back towards the head-and-shoulders neckline

AUD/USD back in focus AUD/USD found a bit of breathing room from the neckline of a closely-watched head-and-shoulders pattern yesterday. But today it gave it all back and is now threatening a break lower. Seasonally, April is a good month for AUD/USD, averaging a 1.24% gain over the past 20 years but that didn’t hold […]

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Oil falls on hopes that Suez Canal blockage might end soon

2/2 © Reuters. Views of Total Grandpuits oil refinery 2/2 By Bozorgmehr Sharafedin LONDON (Reuters) – Oil fell on Monday as a container ship blocking Suez Canal for nearly a week was partially refloated raising hopes the busy waterway would soon be reopened and as fuel demand in Europe stayed weak. was down 29 cents, […]

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Forexlive Americas FX news wrap: The USD falls but is the strongest of the major currencies this week

Forex news for North American trading on March 26, 2021. A snapshot of markets near the close of the day/week shows: Spot gold is up $ 5.59 or 0.32% at $ 1732.52. For the week gold fell $ 12.73 or -0.73% Spot silver is down $ 0.02 or -0.09% at $ 25.04. For the week, silver fell […]

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Oil falls more than 3% as European coronavirus curbs point to demand hit

© Reuters. Views of Total Grandpuits oil refinery By Ahmad Ghaddar LONDON (Reuters) – Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, while a stronger dollar also weighed. futures dropped by $ 2.20, or 3.4%, […]

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Oil Rebounds, But Falls Almost 7% on Week as ‘One-Way Trade’ Broken

© Reuters. By Barani Krishnan  Investing.com – Crude prices rebounded meaningfully on Friday from the previous session’s plunge, helped by weaker bond yields, the dollar’s retreat from its highs and buying of oil on-the-dips.  But a loss of nearly 7% on the week shattered the myth of oil’s indestructible rally since October, indicating more downside […]

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Crisis-hit Lebanese pound falls to new low of 10,000 to the dollar

© Reuters. Lebanese pound banknotes are seen at a currency exchange shop in Beirut BEIRUT (Reuters) – Lebanon’s pound tumbled on Tuesday towards 10,000 to the dollar, a record low for a currency battered by a financial meltdown that has fuelled poverty and unrest. The collapse, on a scale Lebanon has never seen, has slashed […]

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EUR/USD falls to lows for the day as dollar holds firmer on the session

EUR/USD sellers look to try and seize near-term control Despite calmer tones in the market so far in European morning trade, the dollar is still keeping bid as there is still an air of uncertainty ahead of US trading later. EUR/USD is pushed to fresh session lows @ 1.2123 and is testing trendline support as […]

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Forexlive Americas FX news wrap: USD falls to end the week

Forex news for North American trading on February 19, 2021 The USD was the weakest currency at the close of yesterday and it continued the move to the downside today. Although it was not the weakest of the majors (the CHF was the weakest), it fell vs all the majors with the exception of the CHF.  The biggest […]

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