By Peter Nurse Investing.com - The dollar has gained some buyers in early European trade Thursday, as tensions between China and the U.S. flared up again overnight, but gains against the euro have been limited ahead of the European Central Bank meeting.
By Noah Sin HONG KONG (Reuters) - China's plans to impose a national security law on Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors. They have also raised fears about the stability of the Hong Kong dollar's (HKD) 36-year old peg to its U.S. counterpart, prompting local officials to issue several reassurances.
By Peter Nurse Investing.com - The dollar has sold off in early European trade Wednesday, with riskier assets in demand as investors look for more fiscal stimulus amid signs of a global economic recovery.
(Bloomberg) -- The U.S. Treasury yield curve is approaching its steepest level in three years as policy responses to the coronavirus pandemic and glimmers of hope on the economic front drive a wedge between intermediate- and long-term interest rates.
GBP/USD Exchange Rate Edges Higher as US Riots Continue to Escalate The Pound to US Dollar (GBP/USD) exchange rate rose by 0.65% today, with the pairing currently trading around $1.25. The US Dollar (USD) has suffered from a market sell-off today as risk-sentiment continues to improve, despite protests ranging across the US over the killing […]