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U.S. dollar stable in the European session

ArgusFX

U.S. dollar stable as the FED places pressures

The U.S. dollar stabilized against its counterparts today, as the FED's latest policy meeting and yesterday's jobless claims outcome resume having a strong influence on the greenback.

U.S. dollar and euro at 1.0587

The EUR/USD remained at 1.0587, the GBP/USD traded to 1.2546 easing 0.09%, the USD/JPY to 112.87 rising 0.23%, and the USD/CAD stabilized at 1.3101. The U.S. dollar index approached the 100.94 level.

Gold higher to $1,254.55

The precious metal, gold, escalated toward three-month highs. In the New York Mercantile Exchange on the Comex division, April's delivery on gold was at $1,254.55 0.25% higher.

Copper futures traded at $2.659 a pound, and silver futures to $18.223 a troy ounce gaining 0.59%.

Singapore

Singapore's industrial production dropped from 22.1% to 2.2% and differed from the economists' and the analysts' predictions for declination to 8.4%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-stable-in-the-european-session
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