In a Biden Victory, Dollar Likely Comes Out on Top, BofA Says

Forex14 hours ago (Jul 24, 2020 02:10PM ET) (C) Reuters. By Yasin Ebrahim Investing.com – The dollar is set for its fifth-straight weekly loss on Friday as the ongoing spread of the coronavirus across the U.S. continues to threaten economic…

Hedging Costs at Decade Low Lure India Firms Back to Dollar Debt

Forex19 hours ago (Jul 23, 2020 08:00PM ET) (C) Reuters. Hedging Costs at Decade Low Lure India Firms Back to Dollar Debt (Bloomberg) — Indian borrowers stung by the pandemic have found financing costs in the dollar bond market too…

Yen up and dollar clinging on as China’s Houston response awaited

Forex17 hours ago (Jul 23, 2020 10:10PM ET) (C) Reuters. Illustration photo of Japan Yen and U.S. Dollar notes By Tom Westbrook SINGAPORE (Reuters) – The safe-haven yen advanced to a one-month high on Friday as deteriorating Sino-U.S. relations heightened…

Dollar Continues Slide Over Dimming U.S. Economic Recovery Prospects

Forex17 hours ago (Jul 23, 2020 10:23PM ET) (C) Reuters. By Gina Lee Investing.com – The dollar was down on Friday morning in Asia, with the U.S. struggling to curb its surging number of COVID-19 cases. Combined with the looming…

Dollar Is Losing Its Luster as Investors Line Up to Go Short

Forex13 hours ago (Jul 24, 2020 02:00AM ET) Dollar Is Losing Its Luster as Investors Line Up to Go Short (Bloomberg) — After rocketing higher in March as the ultimate haven currency, the dollar is now headed for its worst…

Forex – Dollar Hits 22-Month Low Amid Recovery Concerns

Forex12 hours ago (Jul 24, 2020 03:08AM ET) (C) Reuters. By Peter Nurse Investing.com – The dollar was in retreat in early European trade Friday, weighed by doubts about the strength of the U.S. economic recovery as the country struggles…

Turkey Asks Banks to Hedge Currency Risk in Move to Buoy Lira

Forex16 hours ago (Jul 23, 2020 07:00AM ET) (C) Bloomberg. Turkish lira banknotes sit in a money counting machine at a currency exchange in Istanbul, Turkey, on Friday, March 16, 2018. As Turkish markets tumble, investor attention is turning once…

Euro’s Strength May Just Be Prelude to a Big Trend in the Making

Forex16 hours ago (Jul 23, 2020 07:18AM ET) (C) Reuters. Euro’s Strength May Just Be Prelude to a Big Trend in the Making (Bloomberg) — The forces behind the euro’s recent strength suggest this may only be the first stage…

Dollar Hovers Around 22-Month Low as Experts See Holes in Economic Recovery

Forex9 hours ago (Jul 23, 2020 02:13PM ET) (C) Reuters. By Yasin Ebrahim Invesitng.com – The dollar hovered around 22-month lows on Thursday on further signs the economic recovery in the U.S. could be grinding to a halt in the…

Bubble Warnings Get Louder With Nasdaq Erasing Huge Monday Rally

Forex7 hours ago (Jul 23, 2020 03:45PM ET) (Bloomberg) — Just three days after the Nasdaq 100’s biggest rally since April, those gains are history, and warnings are getting louder that tech stocks are in a bubble. Fifty-year Wall Street…

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