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The U. The dollar bounced on Thursday from levels not touched since March to its highest in a week as investors looked at the potential for an economic rebound in upcoming quarters and investors who had been betting on the euro took profits.
The dollar bounced after sinking to its lowest level in nearly three years on Wednesday, with markets anticipating a Democrat win in the U. Senate election in Georgia that would clear the path for a larger fiscal stimulus package. Sterling fell on Wednesday as the U. The dollar posted its biggest yearly loss since on Thursday, capping off a manic year that saw the currency serve as a safe haven in March when panic over the spread of COVID in the United States peaked, before dropping on unprecedented Federal Reserve stimulus. Sterling extended gains on Thursday, rising as much as 0.
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The euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback on Wednesday as investors bet on more U. The dollar pared losses on Tuesday after earlier reaching a more than two-year low against the euro, but remained lower on the day as investors weighed whether an increase in U. The euro was boosted on Monday as risk sentiment improved in the wake of Britain's trade deal with the European Union and U. President Donald Trump's decision to approve a new fiscal stimulus package. The dollar slipped on Wednesday, after gaining for three straight sessions, as risk appetite rose on the expectation of an imminent Brexit trade deal between the UK and the European Union.
Sterling firmed on Wednesday after three days of falls as France lifted a partial border blockade aimed at stopping the spread of a fast-spreading new COVID strain, and hopes grew of a post-Brexit trade deal despite discouraging comments from both sides. The dollar rose on Tuesday in thin trading, as concerns about a coronavirus variant raging in Britain that has caused lockdowns and travel restrictions have dampened optimism about a U.
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Currency Pairs. Sterling drops as new UK lockdown measures outweigh Brexit deal relief The pound weakened against the dollar and euro on Britain's first day of trading outside the European Union on Monday, as warnings of tighter UK lockdown measures outweighed the relief over the last-minute Brexit trade deal. Taiwan punishes Deutsche Bank, others in currency speculation case Taiwan's central bank said on Sunday it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended it for two years from trading forex derivatives as part of a crackdown on speculation.
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Dollar extends rebound as U. Sterling fell on Wednesday as the U. The dollar posted its biggest yearly loss since on Thursday, capping off a manic year that saw the currency serve as a safe haven in March when panic over the spread of COVID in the United States peaked, before dropping on unprecedented Federal Reserve stimulus.
Sterling extended gains on Thursday, rising as much as 0.
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The euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback on Wednesday as investors bet on more U. The dollar pared losses on Tuesday after earlier reaching a more than two-year low against the euro, but remained lower on the day as investors weighed whether an increase in U. The euro was boosted on Monday as risk sentiment improved in the wake of Britain's trade deal with the European Union and U.
President Donald Trump's decision to approve a new fiscal stimulus package. The dollar slipped on Wednesday, after gaining for three straight sessions, as risk appetite rose on the expectation of an imminent Brexit trade deal between the UK and the European Union. Sterling firmed on Wednesday after three days of falls as France lifted a partial border blockade aimed at stopping the spread of a fast-spreading new COVID strain, and hopes grew of a post-Brexit trade deal despite discouraging comments from both sides.
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The dollar rose on Tuesday in thin trading, as concerns about a coronavirus variant raging in Britain that has caused lockdowns and travel restrictions have dampened optimism about a U. Currency Calculator. Currency Pairs. Sterling drops as new UK lockdown measures outweigh Brexit deal relief The pound weakened against the dollar and euro on Britain's first day of trading outside the European Union on Monday, as warnings of tighter UK lockdown measures outweighed the relief over the last-minute Brexit trade deal.
Taiwan punishes Deutsche Bank, others in currency speculation case Taiwan's central bank said on Sunday it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended it for two years from trading forex derivatives as part of a crackdown on speculation. Dollar extends rebound as U. Risk currencies recover from Friday carnage, dollar consolidates The Australian dollar and other riskier currencies recovered some lost ground against the U. Dollar slides on improving European, U. Dollar up from lows on economic hopes, euro profit-taking The dollar bounced on Thursday from levels not touched since March to its highest in a week as investors looked at the potential for an economic rebound in upcoming quarters and investors who had been betting on the euro took profits.
Dollar rebounds off March low as Georgia elections point to Dem sweep The dollar bounced after sinking to its lowest level in nearly three years on Wednesday, with markets anticipating a Democrat win in the U.