GDP Report And The Greenback The Greenback was one of the top-performing currencies in the market last week, thanks to the remarkable GDP report in the United States in the previous quarter. The USD gained…
Posts By Hassan Maishera
NFP Data Takes Center Stage
NFP Data Financial market traders and investors will be looking at the NFP data (Non farm payroll) in the United States as it will indicate how far the economy has recovered in recent weeks. USD…
Greenback Soars, Kiwi and Aussie Decline
Greenback Soars – Best Performer of the Week The Greenback soars into the new week and could look to maintain top position as Powell is expected to speak later this week. The US Dollar Leads…
Kiwi Takes Top Spot Amidst Incoming Rate Hike Rumors
Kiwi Outperforms Other Major Currencies This week, the New Zealand dollar (Kiwi) was the top performer as speculations arose that the Reserve Bank of New Zealand could increase rates soon. Kiwi Top Performer The New…
US Dollar Rallies; Gold, Crypto and Oil Prices Declining
US Dollar Performs Excellently The greenback performed excellently last week despite the massive decline in prices in the cryptocurrency markets and other commodities like oil and gold. Greenback Outperforms Other Major Currencies The US Dollar…
Greenback Shines In Light of Strong Economic Numbers
The greenback performed excellently against other major currencies this week thanks to good economic numbers.
Greenback Declines Ahead of FOMC
Greenback Declines Ahead of Wednesday’s FOMC Minutes This week the USD dropped against all the majors ahead of the upcoming FOMC announcement. Significantly, the EURUSD closed above 1.2200 and appears to be approaching its 2021…
Greenback Under-Performing Against Major Competitors
Greenback Declines Against EUR and GBP The greenback has largely underperformed this week, losing against other leading currencies such as the EUR and the GBP. US Dollar on the Decline The US economy performed excellently…
NFP Data Could Push the Greenback Higher
Greenback Dominates The US Dollar was the best-performing currency of the week ahead of the Non-Farm Payrolls data release on Friday, April 2nd. Greenback and Covid Cases This week’s major catalyst behind the US Dollars’…
Canadian Dollar Leads, Surge in Oil Prices
The Canadian Dollar on the Rise The CAD was the best performing currency last week, thanks to the counter currency weakness and a surge in oil strength. Oil Surge Last week’s surge in oil…
