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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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    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 stage modest comeback after several consecutive sessions of decline

Ricardo Evangelista by Ricardo Evangelista
July 16, 2020
in Forex, Markets, Opinion
Reading Time: 1 min read
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US Dollar stage modest comeback after several consecutive sessions of decline

Photo by Avinash Kumar.

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The US Dollar is staging a modest comeback, during early Thursday trading, after several consecutive sessions of decline. The greenback’s resurgence is a direct safe haven trade, as cases of COVID-19 close in on 13.5 million globally, with the number of fatalities reaching 600,000. The virus remains a threat to the growth of the global economy, and whenever localised resurgences in the number of cases are reported by the media, investors temporarily seek refuge in safe havens.

Tags: Covid-19US 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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