Trading news

Dollar higher amid rate hike' expectations

Weekly synopsis

The dollar escalated against its main counterparts, last Friday, amid the latest releases that the economists and the analysts are expecting that the FED will be hiking interest rates following this week's policy meeting.

U.S. dollar index to 101.60

The U.S. dollar index traded to 101.60, having escalated 0.48%. The EUR/USD traded at 1.0555, falling 0.57%.

The GBP/USD traded 0.62% weaker at the 1.2589 level, and the USD/CAD pair reached its lowest zone at the 1.3188.

Read More

Monday, 12 Dec, 2016 / 9:02

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Will the ECB disturb the waters?

· ECB unlikely to rock euro – resilient economy vs higher yields [...]

Posted on Thursday, 22 Apr, 2021 / 9:50 under


Verizon reported a strong start to the year, with a solid operational [...]

Posted on Thursday, 22 Apr, 2021 / 8:06 under

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under