The super-easy policies by the Fed and the central government as well as a series of vaccine development have pushed the U.S. dollar down.
Chinese yuan has come across as the best currency ETF of 2020.
This has been a rough year for the greenback with a good start but poor finish.
Election uncertainty, failed talks over the virus-related stimulus bill, subdued tech earnings and rising coronavirus cases on the global front added to Wall Street's woes.
In the final days of U.S. Presidential races, investors may be interested in knowing the impact on the currency world once the winner of the race is announced.
The Chinese yuan has lately been gaining credibility as a safe haven from volatility as it recorded its best quarter in 12 years.
Turkey enacted a surprise and hefty rate hike on Sep 24. Will the move be repeated and lasting?
The Euro/U.S. dollar strength has been prevalent lately. A falling dollar may add more strength to the common European currency in the coming days.
On Aug 27, the Federal Reserve announced a new strategy to bring back the United States to full employment level and push inflation higher.
Gold prices have been on a downhill ride in recent weeks after hitting an all-time high and witnessing nine successive weeks of gain.
The Federal Reserve???s policymaking body released minutes of its Jul 28-29 meeting on Aug 19. The Fed expressed skepticism over using bond purchases to control the government bond yield curve.
Wall Street has been steady in July despite rising coronavirus cases.
U.S. Dollar Topped the currency investing world in the first half of 2020.
The second wave of coronavirus contagion hints at the gold rush.
Gold mining stocks hail from a favorable Zacks industry (placed at the top 8% of total 250+ industries in the Zacks universe).
The ultra-easy Fed policy and widening U.S. deficit are likely to keep the greenback subdued in this coming days.
U.S. dollar may slip lower on the widening budget deficit, steady reopening process, limited pickup in Covid infection rates and massive global policy stimulus.
The upbeat job data indicates that the economy is recovering faster than expected from the coronavirus lockdown and the worst is over for the nation's economy.
Goldman Sachs believes the ???steady reopening process, limited evidence of a pickup in Covid infection rates, and encouraging policy actions like progress on the EU Recovery Fund??? to weigh on the U.S....
Fed Chair Powell expressed optimism about the U.S. economic recovery over the long term. These ETF areas should benefit ahead.