U.S. Dollar Index which measures the dollar strength against a basket of six currencies has performed horribly on the last trading day, dropped from 90.4 to around 90.0.
Joe Biden became the 46th US President, in a quiet inaugural ceremony. The U.S. Dollar Index pulled back after a minor rally, now trading at 90.45.
The U.S. Dollar Index which measures the dollar strength against a basket of six currencies has extended its downside correction taking the price down over 0.28% at the time of writing in a risk-on environment as investors cheered comments from the US Treasury Secretary nominee Janet Yellen.
U.S. Dollar Index which measures the dollar strength against a basket of six currencies moved further north and approaches the 91.00 level. Further upsides could now see the weekly high in the 91.00 region retest in the near term-term.
The U.S. Dollar Index which measures the dollar strength against a basket of six currencies has been strongly supported on what has shaped up to be a very much risk-off Friday, driving most of the G10/USD pairs weak. Thus, the U.S. Dollar Index has rallied back fresh highs on the week in the 90.70s and has the tendency to continue the bullish trend.
Agricultural Commodities were mixed on Thursday after the World Agricultural Supply and Demand Estimates (WASDE) report
USDA delivers its latest grain data dump in the agency’s monthly World Agricultural Supply and Demand Estimates (WASDE) report.
Agricultural Commodities were mixed on Monday after a round of uneven technical maneuvering.
Agricultural Commodities were mixed on Friday supported by strong demand for U.S. Dollar.
Agricultural Commodities prices landed in the green zone on Wednesday supported by strong demand for U.S. cargoes and a softer American dollar.
Asian shares mixed Monday as investors looking for updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea.
Asian stocks were mixed on Friday after positive data in China's industrial profits. Elsewhere, Japanese retail sales data for November showed worse-than-expected results.
Asian stocks were mixed on Tuesday, with Hong Kong and Australia’s markets closing earlier ahead of the Christmas holiday on Wednesday.
Asian stocks rose on Monday, following the jump in U.S. shares after robust U.S. jobs data, although gains were capped by concerns about China’s economic slowdown due to the prolonged U.S.-China trade war.
Asian shares were mostly in the red at the end of Monday’s session, as shares in Hong Kong fell amid high tensions in the city.
MENA shares ended Monday’s session in mixed territory as Saudi Arabia shares edged higher supported by passive funds inflows while Abu Dhabi index fell pressured by the Utilities sector.
MENA shares finished on mixed notes on Thursday’s trading session. As Bahrain, Dubai, and Egyptian market settled in the green at the end of today’s session.
MENA shares finished on mixed notes on Tuesday’s trading session. As Qatar stocks and Bahrain market settled in the green at the end of today’s session.
MENA shares finished higher on Monday’s trading session. Were Bahraini stocks and Saudi Arabia market settled in the green at the end of today’s session.
MENA shares were mixed on Wednesday’s session.
The Telegraph, a well-known British newspaper reported late on Sunday that Prime Minister Boris Johnson has prepared a legal strategy to counter opposition lawmakers’ attempts to enforce a three-month extension to Britain’s Brexit deadline if no-deal is agreed by October 31.
One of the most significant monthly economic data for investors is the release of the United States Non-Farm Payroll Report. This figure carries great significance for traders as it indicates job growth in the United States.