Global Market Archives - Page 2 of 3 - The Fx Infinity

FOREX-Chinese yuan falls on US tariff threat; Australian dollar sinks. Source:Investing The Chinese yuan fell to a one-month low versus the dollar on Friday, a day after U.S President Donald Trump accused China mishandling the outbreak of the novel coronavirus and threatened new tariffs on Beijing.   The FX Infinity Provides Free Forex Trading Signals. Trump

Euro flat ahead of ECB meeting; dollar holds near two-week lows. Source:Investing The euro was broadly flat on Thursday after preliminary euro zone economic growth data was even more dire than expected, as investors looked ahead to the European Central Bank (ECB) meeting, while the dollar held near two-week lows. A preliminary flash estimate of

FOREX-Dollar heads towards 2-week lows before Fed meeting Source:Investing The dollar weakened broadly against its rivals on Wednesday, nearing a two-week low, as firmer stock markets prompted investors to seek higher yielding currencies before the outcome of a U.S. Federal Reserve meeting later in the day. Against a basket of its rivals =USD , the

Forex – Dollar Pushes Higher; Riksbank in Play. Source:Investing The U.S. dollar has risen in early European trade, as more turmoil in the oil markets resulted in traders taking a less expansive stance with risk, heading back to the safe haven. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback

FOREX-US dollar falls as lockdown eases and traders turn less averse to risk Source:Investing The U.S. dollar fell across the board on Monday as traders turned more positive and less averse to risk amid an easing in coronavirus lockdown restrictions in several countries. The U.S. dollar was weaker against the Japanese yen and the euro

FOREX-Dollar set for biggest weekly rise since early April as euro tumbles Source:Investing The dollar gained on Friday and is set for its biggest weekly rise since early April as the euro weakened after a European Union meeting on Thursday to build a trillion euro emergency fund fell short of satisfying investors’ concerns. Despite the

FOREX-Dollar slips against commodity currencies as Brent surges Source:Investing The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude LCOc1 surged on signs producers were cutting production to address

PRECIOUS-Gold rises 1% as oil slump adds to global growth woes Source:Investing Gold prices rose 1% on Wednesday as investors sought safe-havens after an historic slump in oil prices exacerbated fears of a global recession, with most countries remaining locked down in the grip of the coronavirus pandemic. Spot gold XAU= was up 0.8% at

FOREX-Dollar surges across board, oil-linked currencies fall Source:Investing The U.S. dollar rose on Tuesday against most major currencies as investors sought a safe haven after a plunge in oil prices a day earlier. U.S. crude oil futures plunged into negative territory for the first time on Monday, dragged by a supply glut and sagging demand

FOREX-Dollar gains broadly as risk sentiment subdued; data eyed Source:Investing The dollar gained broadly against its rivals on Monday as concerns about global growth boosted the safe-haven appeal of the greenback and weighed on risk-oriented currencies such as the Australian dollar. Risk appetite was broadly on the back foot in the Asian session as data