market snapshot

President’s Day Doesn’t Halt Dollar Decline The US index closed 0.10% lower on Monday as it continued its bearish tone. Analysts still back an extended period of weakness for the greenback into 2021, on the back of Fed’s commitment to…

Mixed FOMC Minutes Support the Dollar The US dollar saw a correction across the board on Wednesday as the FOMC minutes revealed concerns regarding the road to recovery. Policymakers hinted at further aggressive stimulus measures and…

Dollar Struggles Across the Board The dollar realized further declines on Tuesday as the index closed 0.58% lower. The coronavirus situation in the US is taking a further toll as cases arise. President Trump stated that the outbreak is…

Investors Find Safety in the US Dollar The US index rose from 96 lows on weaker equities, ending the session mixed. This came as parts of California fell back into lockdown. Tensions arose after the US rejected China’s territorial…