Trading news

Dollar higher to its counterparts since 2003

Weekly synopsis

The dollar, last Friday, appreciated to its highest areas, since April 2003, versus its major counterparts, amid the U.S. Presidential outcome and that the FED will likely increase rates as of December.

U.S. dollar index stronger to 101.41

The U.S. dollar index traded to 101.41, the strongest closing level since April 2003.

The euro region's currency, the euro, lost momentum versus the greenback, thus the EUR/USD weakening at 1.0588, ending the week 2.16% lower.

On the other hand, the USD/JPY pair gained upside momentum at the 110.89 area, rising 0.71%. The USD/CHF traded to 1.0122, and the GBP/USD approached the 1.2344 level, trading 0.61% lower.

Read More

Monday, 21 Nov, 2016 / 9:35

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

Source :

Trading news


GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under