Dollar Edges Lower; Risk-on Ahead of Powell’s Speech

October 06, 2020 at 07:55AM

Dollar Edges Lower; Risk-on Ahead of Powell’s Speech

Continue Reading…
Author: Investing.com | Post link: https://www.investing.com/news/forex-news/dollar-edges-lower-riskon-ahead-of-powells-speech-2316478
Selected by fonecable.com

About Post Author

fonecable

fonecable@outlook.com

https://news.fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

Forex News Investing.com Topbanner

AUD/USD rises to near 0.7050 as RBA rate hike bets increase 29 January 2026

AUD/USD extends its gains for the third successive session, trading around 0.7040 during the Asian hours on Thursday.

NZD/USD strengthens above 0.6050 on improved New Zealand Trade Balance data 29 January 2026

The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data.

PBOC sets USD/CNY reference rate at 6.9771 vs. 6.9755 previous 29 January 2026

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9771 compared to the previous day's fix of 6.9755 and 6.9521 Reuters estimate.

USD/CAD slide to 1.3530, lowest since October 2024 amid bullish Oil prices and weak USD 29 January 2026

The USD/CAD pair attracts some follow-through sellers for the third consecutive day and drops to its lowest level since October 2024 during the Asian session on Thursday.

Australia Export Price Index (QoQ) up to 3.2% in 4Q from previous -0.9% 29 January 2026

Australia Export Price Index (QoQ) up to 3.2% in 4Q from previous -0.9%

Australia Import Price Index (QoQ) registered at 0.9% above expectations (-0.2%) in 4Q 29 January 2026

Australia Import Price Index (QoQ) registered at 0.9% above expectations (-0.2%) in 4Q

Tech earnings round up: Mixed bag of tech earnings, as Meta’s share price shines, and Microsoft sinks 29 January 2026

The first of the big tech earnings are out, and they are a mixed bag. Microsoft, Meta and Tesla all reported earnings this evening. Microsoft and Meta beat revenue forecasts, while Tesla’s revenues fell short of forecasts, but its earnings per share was stronger than analysts had expected.

New Zealand ANZ Business Confidence: 64.1 (January) vs previous 73.6 29 January 2026

New Zealand ANZ Business Confidence: 64.1 (January) vs previous 73.6

Breaking: Gold jumps above $5,500 for the first time on record 28 January 2026

Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).

GBP/USD hesitates at four-year highs following lackluster Fed rate hold 28 January 2026

GBP/USD churned in place on Tuesday, hitting a brief patch of volatility but otherwise holding steady near four-year highs as the US Dollar (USD) struggles to find its footing.

Japan Foreign Investment in Japan Stocks dipped from previous ¥874B to ¥328.1B in January 23 28 January 2026

Japan Foreign Investment in Japan Stocks dipped from previous ¥874B to ¥328.1B in January 23

USD/JPY gains traction above 153.00 as Bessent reaffirms strong US Dollar policy, Fed hold rates 28 January 2026

The USD/JPY pair recovers some lost ground to near 153.35 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) after US Treasury Secretary Scott Bessent affirms a strong USD policy.

EUR/USD slides below 1.2000 as Fed hold, Powell stance lift Dollar 28 January 2026

EUR/USD sustained losses of over 0.60% on Wednesday below the 1.2000 figure as the Federal Reserve keeps interest rates steady, while the Fed Chair Jerome Powell refrained from answering questions regarding politics, striking a neutral stance regarding monetary policy.

Tesla stock rises 3% on quarterly earnings beat, Optimus Gen 3 28 January 2026

Tesla (TSLA) stock advanced 3% afterhours on Wednesday following Elon Musk's primary company posting a $0.05 earnings beat. The company posted adjusted EPS of $0.50 on revenue of $24.9 billion.

New Zealand Trade Balance NZD (YoY) dipped from previous $-2.06B to $-2.2B in December 28 January 2026

New Zealand Trade Balance NZD (YoY) dipped from previous $-2.06B to $-2.2B in December

New Zealand Trade Balance NZD (MoM) came in at $52M, above expectations ($30M) in December 28 January 2026

New Zealand Trade Balance NZD (MoM) came in at $52M, above expectations ($30M) in December

Gold rockets towards $5,400 as Fed hold, dissenters ignite breakout 28 January 2026

Gold price (XAU/USD) surges during the North American session as the Federal Reserve’s hold rates unchanged as expected, not unanimously as two dissenters voted for a rate cut. Meanwhile, Fed Chair Jerome Powell struck a neutral stance, maintaining the status quo.

Microsoft stock slips despite positive quarter 28 January 2026

Microsoft (MSFT) stock dipped 4% afterhours on Wednesday despite offering a solid beat for the fiscal second quarter of 2026. For the quarter ending in December, Microsoft earned $4.14 in adjusted earnings per share (EPS) on revenue of $81.3 billion.

New Zealand Imports rose from previous $7.15B to $7.6B in December 28 January 2026

New Zealand Imports rose from previous $7.15B to $7.6B in December

New Zealand Exports: $7.65B (December) vs $6.99B 28 January 2026

New Zealand Exports: $7.65B (December) vs $6.99B

Breaking News

October 06, 2020 at 07:55AM

Dollar Edges Lower; Risk-on Ahead of Powell’s Speech

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Average Rating

Leave a Reply

Related Post

Featured widget