Fundamental Analysis

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Dollar Up Over Record Number of U.S. Cases – USD/JPY hits 10-day lows below 107.00

Dollar Up Over Record Number of U.S. Cases – USD/JPY hits 10-day lows below 107.00

Published on 2020-07-10 08:30

The dollar was up on Friday morning with investors turning to the safe-haven asset as the U.S. reported over 60,000 COVID-19 cases on Thursday, and dampened hopes of an economic recovery.
US Dollar retreats on Market Upbeat Mood – US Jobless Claims Awaited

US Dollar retreats on Market Upbeat Mood – US Jobless Claims Awaited

Published on 2020-07-09 07:50

The U.S., the world’s economic engine, has posted its largest number of daily new infections since the outbreak began, and investors will be wary of what the new earnings season will deliver when it begins in earnest next week.
US Dollar Flat Amid Rising COVID-19 Fears and Fed Warning

US Dollar Flat Amid Rising COVID-19 Fears and Fed Warning

Published on 2020-07-08 07:50

The dollar was near flat on Wednesday morning amid continuously rising numbers of COVID-19 cases.
Dollar Up as Investors Turn to Safe-Havens Amid Rising COVID-19 Numbers

Dollar Up as Investors Turn to Safe-Havens Amid Rising COVID-19 Numbers

Published on 2020-07-07 07:58

The US dollar was up on Tuesday morning, reversing its earlier losses as investors turn to the safe-haven asset as COVID-19 cases keep mounting.
Dollar Down Even Amid Rising COVID-19 Cases – Focus on US ISM Non-Manufacturing PMI

Dollar Down Even Amid Rising COVID-19 Cases – Focus on US ISM Non-Manufacturing PMI

Published on 2020-07-06 08:39

The dollar eased against most currencies on Monday. The greenback has been locked in narrow trading ranges recently as concerns about a resurgence in U.S. coronavirus infections offset growing optimism about the economy.
US Stock market closed for Independence Day weekend – EZ/UK Services PMI eyed

US Stock market closed for Independence Day weekend – EZ/UK Services PMI eyed

Published on 2020-07-03 08:16

Economic data released earlier Friday pointed to a pickup in the Chinese service sector, with the Caixin Services Purchasing Managers Index coming in at 58.4 in June, the highest reading in two months.
US Dollar Down Over Positive Vaccine Data ahead of U.S. Non-Farm Payrolls

US Dollar Down Over Positive Vaccine Data ahead of U.S. Non-Farm Payrolls

Published on 2020-07-02 07:28

Stocks are bid and the dollar is down amid new hopes for a coronavirus vaccine and mixed data leading to Thursday's all-important Non-Farm Payrolls.
US Dollar holds onto Gains – ADP’s Report and US Manufacturing PMI in Focus

US Dollar holds onto Gains – ADP’s Report and US Manufacturing PMI in Focus

Published on 2020-07-01 08:14

Markets are mixed after closing the second quarter with the strongest rise since 1998.
EUR/USD retreating toward 1.12 – Eurozone Preliminary CPIs eyed

EUR/USD retreating toward 1.12 – Eurozone Preliminary CPIs eyed

Published on 2020-06-30 08:29

US stock futures are gaining on the day and the US dollar is losing some ground on the last day of the second quarter.
US Dollar remains stable Despite COVID-19 Worries – Focus on US Data

US Dollar remains stable Despite COVID-19 Worries – Focus on US Data

Published on 2020-06-26 07:46

The dollar held firm on Friday as caution over rapid rises in U.S. coronavirus cases cast doubt over the reopening of the economy, keeping the allure of its safe-haven value.
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