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Tag: Dollar

BTC Millionaires Skyrocket 111% in Just One Year

Cryptos
2024 has been a positive year for the cryptocurrency industry. In the eight months that have passed this year, the number of cryptomillionaires has...

Dollar Hovers Near Recent Lows, Labor Market Data Decisive

Currencies
The U.S. dollar traded little changed in early European trading on Tuesday, supported somewhat by rising geopolitical tensions, although it remained near its recent...

Daily Technical Analysis EUR/USD: Moves Up to Around 1.1200 on Powell’s Conservative Fed Stance

Analysis
The EUR/USD is extending its gains for the second session in a row, trading around 1.1190 during the Asian session on Monday. This rise...

Dollar Rebounds but Continues Near Seven-Month Lows

Currencies
The U.S. dollar rose in early European trading on Wednesday but remains near seven-month lows, as the Federal Reserve minutes from its last meeting...

Daily Technical Analysis EUR/USD: The Pair Rises Nearly 1% This Week Ahead of Jackson Hole

Analysis
The most important event this week is the Federal Reserve's Jackson Hole symposium, where Fed Chairman Jerome Powell is expected to speak publicly on...

Dollar Steady Ahead of Fed Meeting; Traders Remain on Alert

Currencies
The US dollar was trading flat on Tuesday as traders remained cautious and on alert ahead of the start of the Federal Reserve's latest...

Dollar Falls Ahead of Fed Meeting, Pound Slides

Currencies
During the early part of the European trading session, the US dollar retreated, supported by a safe-haven bid, as tensions escalate in the Middle...

Daily Technical Analysis EUR/USD: Rises Above 1.0850, With All Eyes on the Data

Analysis
The EUR/USD is up slightly, trading around the 1.0860 level in early Asian trading hours on Monday. The pair rose as market traders widely...

Dollar Rises, Euro Falls on PMI Weakness

Currencies
The US dollar appreciated on Wednesday, while the euro fell following the release of poor data on Eurozone activity, pointing to further rate cuts...

Dollar Falls on Biden Withdrawal, Euro Bounces Back After Losses

Currencies
The dollar was lower on Monday after US President Joe Biden's decision not to seek re-election, while the euro gained despite its not-so-strong tone...
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