Tag - usd

Evergreen buck stands still
Evergreen buck stands still

On Tuesday, the evergreen buck was still fairly intact due to the fact that Fed Chair Jerome Powell told that the US major financial institution could consider completing its reduction of the balance sheet…

GBP/USD: a short-term uptrend
GBP/USD: a short-term uptrend

GBP/USD continued its recovery yesterday. The pair rose to the 50-week MA at 1.3150. It’s quite natural to assume that this line will act as resistance.

Evergreen buck loses momentum
Evergreen buck loses momentum

On Monday, the major US currency went down because expectations for a trade pact between China and America ramped up investor appetite for risky assets, including stocks as well as emerging market currencies…

USD/CHF can go lower
USD/CHF can go lower

USD/CHF is indecisive between 1.0025 and 0.9985, where it consolidated for 2 days.

Is there any hope for the Japanese yen?
Is there any hope for the Japanese yen?

Let’s face it: the famous safe-haven Japanese yen is the most undervalued major currency right now.  Let’s find out the reasons behind this performance of the Japanese currency.

Evergreen buck is intact after dismal data
Evergreen buck is intact after dismal data

On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…

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