The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law support for anti-government protesters in Hong Kong, which could complicate efforts to end the U.S.-China trade war. That caused the Read more
The U.S. dollar inched up on Wednesday in Asia after President Donald Trump said Washington and Beijing are in the “final throes of a very important deal,” giving hopes that the two sides could soon Read more
The U.S. dollar was unchanged on Tuesday in Asia after Federal Reserve Chairman Jerome Powell hinted that the central bank is likely to hold rates steady. The U.S. dollar index was unchanged at 98.238 by Read more
Major currency pairs were little changed on Friday in Asia amid mixed messages on the Sino-U.S. trade progress. The U.S. dollar index last traded at 97.835 by 1:05 AM ET (05:05 GMT), down 0.04%. The Read more
Fibonacci is an indicator which assists traders to find entry points and to identify possible take profit levels. Fibonacci levels identify key support and resistance levels. The biggest difference between Fibonacci and other indicators is Read more
The dollar and riskier trade-exposed currencies found some support on Friday as fresh hopes for a breakthrough in Sino-U.S. trade talks were tempered with caution. White House economic adviser Larry Kudlow said late on Thursday Read more
The U.S. dollar inched up on Thursday in Asia following prepared remarks from Federal Reserve Chairman Jerome Powell. The Australian dollar dropped after the release of weak employment reports. The U.S. Dollar Index that tracks the greenback Read more
The concept of using support and resistance in forex trading is one of the most prominent attributes in technical analysis. Traders use this concept to determine price levels on charts that act as barriers. These Read more
China’s yuan rallied past 7 per dollar only yesterday and analysts are already warning the strength won’t last. The currency jumped as much as 0.60% to 6.9880 a dollar Tuesday, trading stronger than the key Read more
The Australian dollar gained against its U.S. counterpart on Tuesday in Asia after the Reserve Bank of Australia (RBA) kept the cash rate on hold. The official interest rate was kept on hold at 0.75%. Read more
