09 July, 2020 |
The Dollar remained on the back foot Thursday, taking the Dollar Index below a key level of technical support on the charts even after official data suggested the still tentative U.S. labour market recovery endured in the face of a second wave of coronavirus infections that's sweeping the country.
08 July, 2020 |
The Dollar crumbled Wednesday as investors again demonstrated an increasing aversion to the greenback that pushed the Dollar Index back to late June lows while lifting Pound Sterling and the Euro to multi-week highs.
07 July, 2020 |
The Dollar was unwinding earlier gains on Tuesday as risk appetites appeared to be revived by the return of North American traders, enabling Pound Sterling to slip out into the lead among major currencies while others also pared earlier losses.
06 July, 2020 |
The U.S. economy's sharp rebound from the slump of the covid-19 lockdown continues with the non-manufacturing sector roaring back to life in June, according to the ISM non-manufacturing index which was updated on Monday.