Tag - usd

Trading plan for Aug 16
Trading plan for Aug 16

The USD index rose to the highest level since June 2017 on Wednesday but then pulled back on Thursday.

Evergreen buck sticks with 13-month maximum
Evergreen buck sticks with 13-month maximum

On Thursday, the major US currency kept bargaining near a 13-month maximum because the political downtime in Turkey receded, while worries as for China's economic health kept backing safe-haven assets…

Greenback reaches 13-month maximum
Greenback reaches 13-month maximum

On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…

USD/CAD: sellers lost the initiative
USD/CAD: sellers lost the initiative

On the daily chart, bears tried to form “Three Indians”, 1-2-3 and “Bat” with 88.6% target but failed to bring USD/CAD to an important support at 1.2925.

Evergreen buck ascends, as Turkish lira dives
Evergreen buck ascends, as Turkish lira dives

On Monday, the evergreen buck managed to rally versus its rivals, although profits were tamed because the common currency went down from a 13-month minimum notwithstanding another rout in Turkey’s currency…

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