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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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    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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US Dollar at record loss against safe haven Yen

Ricardo Evangelista by Ricardo Evangelista
March 5, 2020
in Forex, Markets, Opinion, World
Reading Time: 1 min read
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US Dollar at record loss against safe haven Yen

Photo by Viacheslav Bublyk.

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The US Dollar is once again recording losses to other major currencies, especially in the case of the traditional safe haven Yen, which traded at 107.27 versus the greenback during the early part of Thursday’s session. Despite a splutter of positive US data released on Wednesday, which once again showed that the American economy remains strong and triggered something of a Dollar rally, today the greenback is once again under pressure as the markets, spooked by the potential impact of the coronavirus on global economic growth, eye further easing action by the Fed in the not-too-distant future.

Tags: CoronavirusUS dollarUSD/JPY
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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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