Dollar Down Over Increasing Hopes for COVID-19 Recovery

December 11, 2020 at 04:08AM

Dollar Down Over Increasing Hopes for COVID-19 Recovery

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Author: Investing.com | Post link: https://www.investing.com/news/forex-news/dollar-down-over-increasing-hopes-for-covid19-recovery-2366564
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FX Street

GBP/USD dips under 1.3300 as sterling traders worry about impact of UK Omicron outbreak 29 November 2021

Sterling has been under pressure during US trading hours, pulling back from earlier session highs above 1.3350 to fresh session lows under 1.3300. Tha

Silver Price Forecast: XAG/USD trades at a seven-week low below $22.85 29 November 2021

Silver (XAG/USD) spot extends last week’s Friday decline, trading below the former low at $22.84 during the New York session at the time of writing. M

US President Biden says lockdowns are off the table, for now 29 November 2021

Developing story

US President Biden on Omicron: Variant is a cause for concern, not a cause for panic 29 November 2021

US President Joe Biden, in a White House speech to the public on the Omicron variant, said that while the variant is a cause for concern, it is not a

USD/MXN Price Analysis: Calm after the storm, could consolidate around 21.50 29 November 2021

The USD/MXN is trading marginally lower on Monday, on what could be the end of a seven-day positive streak. Last week, the Mexican peso tumbled on dom

EUR/USD ebbs lower into 1.1260s, with Friday’s rebound seen as excessive by many 29 November 2021

EUR/USD has spent the majority of Monday’s session gradually ebbing lower, with the pair now trading close to session lows in the 1.1260s, having open

USD/CHF Price Analysis: Found resistance at the daily-pivot-point, at 0.9270s, retreated to 0.9240s 29 November 2021

After losing more than 100 pips on last week’s Friday, the USD/CHF trims some of those losses during the New York session, trading at 0.9248, bouncing

GBP/USD prints fresh daily lows under 1.3300 after a short-lived recovery 29 November 2021

The GBP/USD turned to the downside after hitting a daily high at 1.3363 and dropped to 1.3295, reaching a fresh daily low. It then bounced back above

S&P 500 enjoying relief rally, back to 4630 area ahead of remarks from Biden on Omicron 29 November 2021

US equity markets are enjoying a relief rally this Monday, with the S&P 500 index higher by around 0.9%. The index dropped 2.3% on Friday to close und

Dominos (DPZ Stock) reports there’s no one to deliver the pizzas 29 November 2021

Dominos is a short delivery driver. Also, I share some hotel and restaurant experiences from my latest trips. Shortage of the day The shortage of the

United States Dallas Fed Manufacturing Business Index fell from previous 14.6 to 11.8 in November 29 November 2021

United States Dallas Fed Manufacturing Business Index fell from previous 14.6 to 11.8 in November

USD/CAD steady around 1.2760s, as COVID-19 omicron variant worries ease 29 November 2021

On Monday, in the Asian session, the USD/CAD edged lower as COVID-19 worries about the omicron variant scale back a touch after South African health a

United States Pending Home Sales (YoY) climbed from previous -8% to -1.4% in October 29 November 2021

United States Pending Home Sales (YoY) climbed from previous -8% to -1.4% in October

US: Pending Home Sales rises by 7.5% in October versus expected 1.0% rise 29 November 2021

Pending Home Sales in the US jumped by 7.5% on a monthly basis in October following September's 2.3% drop, data published by the US National Associati

United States Pending Home Sales (MoM) came in at 7.5%, above expectations (1%) in October 29 November 2021

United States Pending Home Sales (MoM) came in at 7.5%, above expectations (1%) in October

WTI continues impressive bounce, moves aboe $72.00 as analysts call Friday’s drop overdone 29 November 2021

Oil prices continue to press higher, with front-month WTI futures now up more than $4.0 on the day and back in the $72.00s, meaning nearly 50% of Frid

EUR/JPY bounces off multi-month lows near 127.50 29 November 2021

The recovery in the greenback keeps the euro under pressure and dragged EUR/JPY to fresh 9-month lows near 127.50 at the beginning of the week. EUR/JP

EUR/USD to extend its decline as widespread lockdowns in Europe loom – Scotiabank 29 November 2021

EUR/USD is underperforming its major peers on Monday as selling emerges above 1.13. Economists at Scotiabank expect the world’s most popular currency

South Korea: BoK raised rates by 25 bps – UOB 29 November 2021

Economist at UOB Group Ho Woei Chen, CFA, reviews the latest monetary policy meeting by the Bank of Korea (BoK). Key Quotes “As widely expected, the B

USD/RUB: Break above 75.92 to open up the April peak at 78.04 – Commerzbank 29 November 2021

USD/RUB so far shot up to 75.92 below which it is likely to short-term stall, according to Axel Rudolph, Senior FICC Technical Analyst at Commerzbank.

Dollar Down Over Increasing Hopes for COVID-19 Recovery

December 11, 2020 at 04:08AM

Dollar Down Over Increasing Hopes for COVID-19 Recovery

SIMILAR ARTICLES ON WEB: Dollar Down Over Increasing Hopes for COVID-19 Recovery

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December 11, 2020 at 04:08AM

Dollar Down Over Increasing Hopes for COVID-19 Recovery

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