Euro rises on fresh optimism, but more evidence required to signal reversal
The Euro benefited from Fed action and advanced 1.2% since opening in Asia, as renewed optimism boosted risk appetite.
Fresh bulls broke out of two-day congestion, formed above new three-year low and generated initial positive signal on…
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Aussie rose on fresh risk appetite sparked by latest Fed measures
The Australian dollar regained traction and rose to session high at 0.5975 on Tuesday, driven by fresh optimism in the market on Fed’s latest measures that boosted risk appetite.
Comments from US Treasury secretary that $2 trillion dollar…
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Euro jumps after Fed but traders look for confirmation from US congress to stronger embark longs
The Euro rose above 1.08 on Monday after Fed announced a new set of measures, but hesitation among investors is evident as the legislation need to be verified by the Congress.
Such scenario, according to immediate reaction on…
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Dollar loses traction after latest Fed’s measures
The dollar index fell on Monday after Fed announced the new extraordinary set of programs in attempt to offset severe disruption to the economy on corona virus pandemic.
The US central bank decided to extend the use of ‘heavy artillery’ as…
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Breaking: Dollar Index falls sharply after Fed announced new measures
The Federal Reserve announced 'aggressive action to confront severe disruptions' a wide range of measures for companies, small businesses and households, sending dollar lower across the board
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Strong recovery rejections and fresh strength of dollar keep the pair in red
The Euro eased in early European trading on Monday as dollar regains traction and leaves a little space for Euro’s recovery after steep fall in past two weeks.
Strong recovery rejection on Friday at 1.0830 and inability to hold above…
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The dollar index is on track for the first close in red after 8 days of uninterrupted rally
The dollar index is holding in red on Friday for the first time in nine days, as the greenback eased after the measures of US policymakers as well as other world central banks and governments, started to positively impact markets and…
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Aussie extends recovery as demand for greenback eases
The Australian dollar extends bounce from new nearly 18-year low at 0.5509 on Friday, registering gains of 3.5% since Friday’s opening.
Eased demand for US dollar on the latest measure from Fed, downbeat US jobless claims and stronger than…
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New UK stimulus measures result in impressive recovery in early Friday’s trading
Cable is in recovery mode on Friday and gained 3.3% on bounce from 1.1465 (Asian low) to 1.1876 (early European session high).
Thursday’s unscheduled BoE rate cut and a increase of QE, boosted the sentiment, with fresh easing of US…
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Euro collapses below 1.07 on fresh rally of US dollar
The EURUSD fell one full figure and probed below 1.07 level as fresh buying pushed dollar index to new three-year high above 103 barrier.
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