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    Asia bourses trading positive after mixed day on Wall Street

    Asian markets may face challenges following cautious day on Wall Street

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities opened with firm foot amid tailwinds from Wall Street

    Asian equities poised for potential pressure as US stocks retreated

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    USDMYR Technical Analysis

    Asian equities could trade under pressure as global equities sold off yesterday

    Asian equities could trade under pressure as global equities sold off yesterday

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    Asia bourses trading positive after mixed day on Wall Street

    Asian markets may face challenges following cautious day on Wall Street

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities opened with firm foot amid tailwinds from Wall Street

    Asian equities poised for potential pressure as US stocks retreated

    USD/MYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities could trade under pressure as global equities sold off yesterday

    Asian equities could trade under pressure as global equities sold off yesterday

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Dollar on steady decline against most major currencies

Ricardo Evangelista by Ricardo Evangelista
June 6, 2019
in Forex, Markets
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Photo by Alex Bierman

Currently trading above $1.1270 to the Euro, the Dollar continues on a steady decline against most major currencies, following increasingly loud signs from the Fed that a rate cut may be the next step for the American central bank.

This sentiment gathered even more momentum after Jerome Powell’s declaration on Tuesday, hinting at the possibility of doing the necessary to sustain the expansion in the face of downside risks arising from trade tensions and slow economic growth.

Tags: dollareuroMarket StoriesUnited Stated
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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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