Dollar looks for next catalyst

TOKYO (Reuters) – FX Signals .The dollar was largely steady on Monday as investors soaked up last week’s strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation of a solid economic rebound from the coronavirus shock.

The greenback posted its best quarter against major currencies in almost three years in January-March thanks to an improving U.S. economy and rising Treasury yields.

The U.S. currency is likely to build on those gains as investors look for ways to bet on a global economic recovery from the worst of the coronavirus pandemic, analysts said.

“I thought there would be a correction lower in the dollar, but that didn’t happen,” said Masafumi Yamamoto, chief currency strategist at Mizuho Securities.

“The dollar’s upward trend is very strong. In the new quarter perhaps the best thing for investors to do is to just follow this trend.” Forex Signals – Euro to US Dollar

The dollar was last quoted at 110.62 yen, not far from its strongest level in a year.

US Dollar Trades Steady

Dollar stronger amid higher U.S. yields

Dollar gains put on hold

The dollar index against a basket of six major currencies was little changed at 93.015,

FOREX – U.S. Dollar Down Amid Improved

Dollar short positions in the currency market fell last week to the lowest since June last year, U.S. Commodity Futures Trading Commision data showed – another positive sign for the greenback. forex learning guides

Elsewhere, the Australian dollar edged up to $0.7613, while the New Zealand dollar bought $0.7027.

Dollar looks for next catalyst forex signals learning

Forex Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets to our Signals and start receiving Forex Day Trading Signals from the very next trade! Forex Signals Learning Guides below with guide you with every trade you make! FxPremiere Group has helped over 5,000 Forex Affiliates earn up to $800 CPA on referrals and has grown immense revenue streams for online affiliates. Trading Forex has never been easy. The World of Forex Trading is growing day by day and its crucial to keep up to date with trends and market analysis. Here at FxPremiere Group we keep you updated with the Compare Forex Brokers charting system, as well as sending you Direct Forex Signals by our Telegram Services globally daily.

FX Signals

The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more… Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners.With our free forex learning guides you will be able to educate yourselves with the most up to date forex basics required in order to enter the Capital Markets. FxPremiere.com FX Learn centre is now available for all to read. With blog posts written monthly on the most common searched terms.