Dollar hits four-month high as worries over European lockdowns, U.S. taxes sap risk appetite

© Reuters. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes By Ritvik Carvalho LONDON (Reuters) – The dollar hit a four-month high on Wednesday as concerns over a third COVID-19 wave in Europe, potential U.S. tax hikes and escalating tensions between the West and China sapped risk appetite. The rose to a […]

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Pound Set to Snap 5-Day Win Streak as U.S. Yield Hurts Risk Sentiment

© Reuters By Yasin Ebrahim Investing.com – The pound slumped Thursday to remain on pace for its first loss in six trading days against the dollar as rising U.S. bond yields sparked risk-off sentiment. fell 0.66%, to $ 1.4043. The pound, which in recent months has moved in tandem with risk assets, followed a slump […]

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Dollar hits three-year lows versus risk currencies after Fed’s dovish message

© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration LONDON (Reuters) – The fell to its lowest since early January on Thursday and dropped to three-year lows against the Australian and Canadian dollars, after dovish signals from the U.S. Federal Reserve boosted the reflation trade in currency markets. Easy […]

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Franc meltdown continues as risk tones keep calmer in European trading

EUR/CHF climbs to 1.1050 levels, nearing the October 2019 highs The franc is the biggest loser on the week so far in the major currencies space and that owes somewhat to a breakout in EUR/CHF as the pair climbs to its highest levels since October 2019 today, nearing resistance at around 1.1059.Invest in yourself. See […]

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A small bid for risk currencies as UST price slips (10yr yield to its highest in 11 months)

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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Dollar Weakens; Stimulus Progression Boosts Risk Sentiment

© Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trading Tuesday, retreating from earlier highs as progress towards a stimulus plan helped risk sentiment. At 3:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 90.965, after […]

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Dollar continues to hold slightly firmer, risk showing some hints of calming down

The risk rout calms down ahead of North American trading The greenback continues to lead the charge in the major currencies space but gains have been trimmed somewhat across the board as risk sentiment exudes some calmer tones. The DAX fell by nearly 2% earlier in the session but has trimmed losses well beyond opening […]

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Dollar in Demand; Stocks Selloff Prompts Risk Aversion

By Peter Nurse Investing.com — The dollar edged higher in early European trading Thursday, continuing the previous session’s gains with traders becoming more risk averse after hefty stock market losses. At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 90.750, […]

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