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The dollar shrugged off better-than-expected U.S. Jobless Claims Data The dollar shrugged off better-than-expected U.S. Jobless Claims Data

August 14, 2020
The dollar index which measures the greenback against a basket of major currencies, remains unchanged near the 93.20, despite the positive U.S. jobless data falling below the 1 million claims for the first time since March 21st.

Dollar Races Higher Bolstered by Yields, Precious Metals Recover Dollar Races Higher Bolstered by Yields, Precious Metals Recover

August 12, 2020
The dollar index which measures the greenback against a basket of major currencies extended upside rally trading at 93.91 buoyed by the rise in US treasury yields.

The Reserve Bank of New Zealand’s Meeting Preview The Reserve Bank of New Zealand’s Meeting Preview

August 11, 2020
Like many countries around the world, the pandemic has affected the economic activities in New Zealand reducing inflation and employment below the Bank’s objectives.

US Stock Futures Extend Gains; Gold Tumbles US Stock Futures Extend Gains; Gold Tumbles

August 11, 2020
Major US stock index futures extended upside rally supported by optimism over the US economic recovery. The stock market is still cheering on the solid jobs report that was released on Friday and suggested a healthy recovery in the labor market.

Dollar Rebounds, Stocks March Higher on Solid Data Dollar Rebounds, Stocks March Higher on Solid Data

August 10, 2020
The dollar index, which measures the greenback against a basket of major currencies, rebounded from its recent lows to 93.55 following an upbeat jobs report. The report showed that the US economy created 1.763 million jobs in July, and the Unemployment rate fell to 10.2% from 11.1%.

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