Optimism persisted in the markets last week, prompting investors to remain buyers of riskier assets and the U.S. dollar to depreciate. While market participants maintain high risk appetite, economic data and virus numbers remain too ambiguous to support this trend.
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Following a return of optimism in the markets last week, the U.S. dollar underwent a correction. Generally investors have increased their risk appetite, leading to a withdrawal of capital from safer assets, including the global reserve currency.
Economic data from the U
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Sentiment in the markets did not improve last week, so investors remained cautious, which led to the U.S. dollar remaining at its highest level in June. The growing number of new cases of the virus in the United States and the volatile economic data in the country do no
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Last week, investors remained buyers of the dollar. In general, the foreign exchange market was experiencing a declining appetite for risk as investors withdrew from risky currencies and returned to the U.S. dollar and Japanese yen. Investors remain worried about the ec
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Last week, the global reserve currency reversed its downward trend and recorded a moderate rise after the U.S. Federal Reserve meeting. Investors also returned to safe-haven currencies after negative sentiment prevailed in markets from Thursday, fearing a second wave of
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