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    Asian equities could take a boost after strong gains seen on US equities

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    USDMYR Technical Analysis

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    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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Dollar continues to lose ground against major currencies

Ricardo Evangelista by Ricardo Evangelista
June 2, 2020
in Forex, Markets, Opinion
Reading Time: 1 min read
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Dollar continues to lose ground against major currencies

Photo by Pepi Stojanovski.

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The US Dollar continues to lose ground against other major currencies during early Tuesday trading. Financial markets have so far largely shrugged aside heightened social tensions in the US and lingering attrition with China, continuing to ride a wave of optimistic risk-on. Hopes of a swift economic recovery in the aftermath of the current COVID-19 pandemic continue to condition investors insistent on seeing a glass half-full scenario. Therefore, the Dollar, the go to currency during the darkest days of the great lockdown, is now devaluing against other major currencies.

Tags: Covid-19US dollarUS Dollar indexUS-China tension
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Ricardo Evangelista

Ricardo Evangelista

Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.

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