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Fears

Surging USD Climbs Close to 6-Week High as Fears of Increasing COVID Cases Return

September 22, 2020

A strengthening USD held on to overnight gains on Tuesday after virus fears and worries about U.S. stimulus drove a wave of selling in multiple currency pairs. The USD rose 0.6% against the EUR, 0.9%...

Fears Turn to Reality as Shell Follows BP in Announcing Huge Asset Cuts

July 2, 2020

A Royal Dutch Shell worker observing a rig in Indonesia 2020 Royal Dutch Shell said that it could cut the value of its oil and gas assets by an eye-watering $22 billion. The move adds more evidence...
US dollar index

US Dollar Index Within Tight Range as Fears of a Second Wave Intensify

June 15, 2020

As the Pacific session opened early on Monday, the AUD and NZD weakened against the USD amid fears of a second wave of Covid-19 with reports from China that there has been an increase in the number...