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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

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    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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US Dollar once again falling because investors feel more appetite for riskier assets

Ricardo Evangelista by Ricardo Evangelista
May 8, 2020
in Forex, Markets, Opinion, World
Reading Time: 1 min read
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US Dollar once again falling because investors feel more appetite for riskier assets

Photo by Jutta Kamp.

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The US Dollar has been one of the go-to currencies during the dark days of the coronavirus crisis, assuming a safe-haven role at times of heightened concern about the growth prospects of the locked down global economy. But after dropping almost 0.4% yesterday, the index that measures the performance of the greenback against other major currencies is once again falling in early Friday trading. This is happening because investors are ditching the Dollar and feeling more appetite for riskier assets, due to the gradual re-opening of various economies around the world.

Tags: CoronavirusUS 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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