Forex5 hours ago (Jun 02, 2020 03:22AM ET) (C) Reuters. By Peter Nurse Investing.com – The dollar has few friends in early European trade Tuesday, as the tone remains generally optimistic about the global recovery despite heightened concerns over U.S.-China tensions and civic unrest in many U.S. cities. At 3:25 AM ET (0725 GMT), the […]Read More

Forex7 hours ago (Jun 02, 2020 01:00AM ET) (C) Bloomberg. A pedestrian wearing a face mask walks past the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. Australia’s central bank decided against buying government bonds last week, the first time […]Read More

Forex11 hours ago (Jun 01, 2020 09:20PM ET) (C) Reuters. A U.S. Dollar banknote By Hideyuki Sano TOKYO (Reuters) – The dollar was on the defensive on Tuesday as investors stuck to hopes of a global economic recovery despite heightened concerns over U.S.-China tensions and mass protests in many U.S. cities over the death of […]Read More

Forex12 hours ago (Jun 01, 2020 08:45PM ET) Traders Pin Hopes on RBI Support After Moody’s Cuts India Rating (Bloomberg) — Traders in India are yearning for the central bank to backstop the rupee and sovereign-bond markets after Moody’s Investors Service cut the credit rating to the lowest investment grade. “This is definitely not welcome […]Read More

ForexJun 01, 2020 07:18AM ET (C) Reuters. Pound Investors Have Too Much on Plate to Obsess About Brexit (Bloomberg) — Even with the risk of a hard Brexit hanging over their heads, pound traders seem to be looking the other way. The currency touched a three-week high against a weaker dollar, one day before fraught […]Read More

ForexJun 01, 2020 06:45AM ET (C) Reuters. Traders Turn Optimistic on Euro With Stimulus Relief Mounting (Bloomberg) — Barely a fortnight ago, currency traders were fretting over the future of the euro. They’re now cautiously optimistic. The common currency just had this year’s best monthly advance after the European Union finally managed to assemble a […]Read More

ForexJun 01, 2020 02:51AM ET (C) Reuters. By Peter Nurse Investing.com – The dollar has sold off in early European trade Monday, as fewer investors seek this safe haven amid rising optimism about the global economic recovery and as U.S. President Trump offers up a measured response to China’s move to tighten control over Hong […]Read More

ForexJun 01, 2020 12:39AM ET (C) Reuters. By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, with rising optimism over the global economic recovery from COVID-19 leading investors to retreat from the safe-haven asset even as the number of global cases continues to rise. Johns Hopkins University data indicated that […]Read More

ForexJun 01, 2020 12:30AM ET 2/2 (C) Reuters. A man displays US dollar notes after withdrawing cash from a bank in Harare 2/2 By Tom Westbrook SINGAPORE (Reuters) – Riskier currencies rose against the dollar on Monday as investors looked to positive signs from China’s coronavirus recovery and wagered on an easing in Sino-U.S. tensions. […]Read More

ForexMay 31, 2020 09:00PM ET (C) Reuters. Goldman Cuts Yuan Forecasts on Renewed U.S.-China Tensions (Bloomberg) — Goldman Sachs Group Inc (NYSE:GS). sees the yuan falling to its lowest since 2008 over the next three months amid uncertainty over U.S. policy toward China that has put pressure on the currency. Disputes between the two countries […]Read More