• Add
    Company

U.S. dollar weakens but remains strong

ArgusFX

The U.S. dollar traded lower versus the Japanese yen today resuming above its 10-month lows, as the British currency, the sterling, climbed to its 1-year highs. The USD/JPY pair traded to 110.00 while previously having reached the 110.29 level.

Sterling and dollar at 1.3321

The GBP/USD reached the 1.3321 level appreciating 0.29%, the EUR/USD approached the 1.1977 zone escalating 0.1%, the EUR/GBP at 0.8991 falling 0.19%, the NZD/USD at 0.7296 climbing 0.16%, and AUD/USD to 0.8031 rising 0.15%. The U.S. dollar index went to 91.77 dipping 0.13%.

Gold resumes higher as investors buy risk assets

Gold traded higher for the first time within three sessions, while the gains are minimized amid the investors and the traders focusing on purchasing risk assets and selling havens.

Comex gold futures traded at $1,334.98 a troy ounce rising 0.2% or $2.30. Silver futures approached $17.93 a troy ounce escalating 0.2% or 4.1 cents, palladium to $946.25 an ounce rising 0.3% while platinum remained at $986.45.

Read More

ArgusFX Review

Source: https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-weakens-but-remains-strong
Disclaimer
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}