Forex

EUR/USD forms bearish flag as Eurozone economic rebound accelerates

The EUR/USD pair tilted upwards after the relatively strong flash manufacturing, services, and composite PMI numbers from the Eurozone. The pair ...

Dollar Edges Higher; Rebounding After Powell Disappoints Bulls By biedexmarkets.com

© Reuters. By Peter Nurse biedexmarkets.com - The dollar edged higher in early European trade Wednesday, stabilizing after weakness overnight ...

Dollar Up, Powell Assures Rates Will Not Be Raised “Pre-emptively” By biedexmarkets.com

© Reuters. By Gina Lee biedexmarkets.com – The dollar was up on Wednesday morning in Asia after recording two days of losses. Meanwhile, the ...

AUD/USD retreats as CBA predicts a 2022 RBA rate hike

The AUD/USD was little changed on Wednesday as investors reflected on the strong Australian manufacturing and services data and new lockdown in ...

Powell Says Inflation From Reopening Larger Than Expected By Bloomberg

© Reuters. Powell Says Inflation From Reopening Larger Than Expected (Bloomberg) -- Federal Reserve Chair Jerome Powell said the price increases ...

Dollar in retreat as Powell says Fed won’t raise rates on ‘fear’ of inflation Reuters via biedexmarkets.com

© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee ...

Dollar Remains Sluggish as Fed’s Powell Sticks to Script By biedexmarkets.com

© Reuters. By Yasin Ebrahim biedexmarkets.com – The dollar remained sluggish Tuesday as Federal Reserve Jerome Powell downplayed concerns ...

rand under pressure ahead of South Africa inflation data

The USD/ZAR pair spiked on Tuesday as the dollar strength returned. The pair rose to 14.40, which was 0.75% above the closing price on Monday. It is ...

Dollar Edges Higher Ahead of Powell’s Testimony to Congress By biedexmarkets.com

© Reuters. By Peter Nurse biedexmarkets.com - The dollar stabilized in early European trade Tuesday, after handing back some of the previous ...

is the US dollar index a buy ahead of Powell testimony?

The US dollar index (DXY) retreated after staging a major comeback last week after the hawkish Fed interest rate decision. The index fell from last ...

Dollar Up, Takes “Wee Breath” Ahead of Powell’s Congress Testimony By biedexmarkets.com

© Reuters. By Gina Lee biedexmarkets.com – The dollar was up on Tuesday morning in Asia. The greenback hit pause as investors await testimony ...

Dollar catches breath as traders await Powell testimony Reuters via biedexmarkets.com

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, ...

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