Recent content by TradeForexcopier

Forex Market News - EUR/USD loses some ground, retreats from tops near 1.2050 EUR/USD clinched new 7-week highs near 1.2050. The dollar sell-off bolsters the upside within the pair thus far . Investors’ attention seen shifting to the ECB event (Thursday). The euro cannot have a far better...

Forex Market News - Risk-on likely to increase into the weekly opening What you would like to understand on Monday, April 19: The American currency extended its decline against most major rivals because the week came to an end, as risk appetite led. US indexes kept rallying, with the DJIA and...

Forex Market News - Dollar Up, But Set for Weekly Drop as Investors Buy Fed’s Dovish Stance The dollar was abreast of Friday morning in Asia but was set to finish the week with its worst back-to-back weekly drop by 2021. Treasury yields continued their retreat from more-than-one-year highs as...

Forex Market News- U.S. trade chief voices concern to Vietnam over currency practices U.S. Trade Representative Katherine Tai, during a turn Thursday with Vietnam's minister of industry and trade, highlighted U.S. concerns about Vietnam's currency practices, a USTR statement said. Tai and...

Forex Market News- U.S. dollar to stay strong for a minimum of another month: Reuters poll The U.S. dollar will remain strong for a minimum of another month, consistent with a Reuter’s poll of exchange strategists, who still forecast that the currency will weaken within the long run. Following...

Forex Market News- Dollar gains as U.S. recovery bets stoke Treasury yields The dollar gained against major currencies on Tuesday and climbed to a one-year high against the yen, as accelerating U.S. vaccinations and plans for a serious stimulus package stoked inflation expectations and raised...

Forex Market News- Euro set for biggest monthly drop since mid-2019; yen shorts grow The euro languished below $1.18 on Monday because the prospect of tougher corona virus curbs in France and Germany weighed on the short-term outlook for the European economy. The euro slipped 0.2% in London...

Forex Market News - Dollar Up Over COVID-19 Worries and Potential U.S. Tax Hikes The dollar was abreast of Wednesday morning in Asia near a four-month high, as COVID-19 concerns, potential U.S. tax hikes, and tensions over tit-for-tat sanctions between China and therefore the West turned...

Dollar Edges Lower; Remains Elevated as Yields Rise The dollar edged lower in early European trading Friday, but remains at elevated levels, supported by higher Treasury yields following the Federal Reserve's dovish stance. At 3:50 AM ET (0750 GMT), the Dollar Index, which tracks the greenback...

Dollar Edges Higher; Treasury Yields Rise After Powell's Comments The dollar pushed higher in early European trading Thursday, helped by rising U.S. Treasury yields even after the Federal Reserve System reiterated that it had been in no hurry to boost interest rates while predicting strong...

Canadian Dollar Rises After Massive Job Gains in April The Canadian dollar rose 0.37 percent after a bodily April jobs description. The economy postscript 106,500 jobs blowing away forecasts of an 11,600 get your hands on. Bank analyst is urging some scold and to succession, the numbers once a...

EUR/USD is pointing demean for third straight daylight. Currently, the pair is trading at 1.1156, the length of 0.15% around the day. On the forgive stomach, eurozone CPI Flash Estimate augmented to 1.7% in April, happening from 1.4% a month earlier. The core user-closely climbed to 1.2%...

Dollar Mixed as PMIs Show World Economy Still Struggling The dollar was mixed after early trading in Europe on Tuesday as the first shots in a barrage of economic data failed to trigger any dramatic moves in major currencies. In Asian trading, purchasing manager indexes for China came in...