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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

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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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US Dollar is back on descending trajectory during early Tuesday trading

Ricardo Evangelista by Ricardo Evangelista
August 4, 2020
in Forex, Markets, Opinion
Reading Time: 1 min read
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US Dollar is back on descending trajectory during early Tuesday trading

Photo by Morning Brew.

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The Dollar is back on a descending trajectory during early Tuesday trading, after a technical interlude on Friday and Monday. The demand for Dollar denominated assets is decreasing, as the safe haven appeal diminishes due to an escalating health crisis in some of the most populous US states, as well as political turmoil in Washington, stalling plans for a much-needed economic rescue package.

Tags: US dollarUS Dollar index
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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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