Search Results for: US Dollar
The Euro US Dollar exchange rate is pushing higher
October 21st, 2020
The Euro US Dollar (EUR/USD) exchange rate is pushing higher on Wednesday for a fourth straight session. The pair settled +0.5% higher at US$1.1821 in the previous session, towards the upper end of the daily traded range. At 07:15 ...
Euro to US Dollar (EUR/USD) exchange rate steady as Eurozone faces increasing uncertainty
September 25th, 2020
The Euro (EUR) struggled to gain against the ‘Greenback’ today despite a relatively strong German IFO Business Climate survey for September, which rose from 92.6 to 93.4. However, with the Eurozone’s largest economy facing high levels of uncertainty as ...
Russia calls on fellow BRICS countries to dump US dollar in favor of trade in national currencies
August 25th, 2020
The Russian trade minister has called on the members of the BRICS trade alliance to increase the volume of settlements in national currencies to be more independent from Washington’s policies. Denis Manturov suggested the possibility of boosting non-dollar settlements ...
The US Dollar has risen in value this year
April 7th, 2020
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. To the contrary, the currency has risen in ...
Euro and US Dollar during COVID-19 outbreak: what’s happening to the currencies?
March 26th, 2020
The U.S. dollar has risen in comparison to other currencies this week. Despite recent steps taken by world central banks to alleviate market stress, the US dollar demand was boosted by worries about the economic fallout caused by the ...
Pound US Dollar exchange rate under pressure
March 21st, 2019
News that Theresa May will only ask for a three month extension to the Brexit deadline saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slump further. Investors were disappointed by May’s decision not to seek a longer ...
US dollar drifted lower against its most major counterparts
December 28th, 2018
The US dollar drifted lower against its most major counterparts in the European session on Thursday, with political uncertainty in the US and global economic growth worries denting sentiment. With the shutdown entering the sixth day on Thursday, President ...
British Pound recovered slightly on Friday; Euro recovers, US Dollar sells off
November 19th, 2018
The British Pound (GBP) recovered slightly on Friday as the fears of a complete dissolution of Theresa May’s cabinet eased. The US Dollar (USD) exchange rates weakened against both the Euro (EUR) and Pound (GBP) and leaves some momentum ...
Euro to US Dollar exchange rate tests weekly highs
September 20th, 2018
Despite a lack of particularly impressive Eurozone data this week, the Euro to US Dollar (EUR/USD) exchange rate has advanced over half a cent this week and could climb further if investors continue to sell safe haven currencies. EUR/USD ...
Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony
July 30th, 2018
With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT. “Some countries in the world want ...
