Trading news

Dollar to its highest level within nine months

Weekly synopsis

The dollar reached its strongest zone, within a period of nine months, versus its counterparts last Friday, with the estimations stating that the new elected President, Donald Trump, will prompt inflation and growth.

U.S. dollar index higher to 99.05

The U.S. dollar index traded to 99.05, being the highest closing zone since February. The index made a weekly appreciation of 2.02%.

The EUR/USD traded to 1.0854 and reached its lowest zone since the month of March.

The USD/JPY traded at 106.94 and appreciated 2.41%. The GBP/USD traded at 1.2592, rising 0.35% and 0.85% for the week.

The EUR/GBP traded 0.6% weaker at 0.8627 and was 2.89% lower for the week. The USD/MXN reached the 20.83 level.

Read More

Monday, 14 Nov, 2016 / 9:22

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

Source :

Trading news


Increased risk appetite weakens the U.S. Dollar, boosts stocks

The economic figures published yesterday in the U.S. are another factor [...]

Posted on Friday, 16 Apr, 2021 / 11:21 under

Yields plunge, defy logic, after blowout data, but dollar steadies

  US economy firing on all cylinders as data keeps getting [...]

Posted on Friday, 16 Apr, 2021 / 9:42 under

ING believes EUR/USD will break 1.20, and you?

What is moving the markets these days? What are the main drivers of currency [...]

Posted on Thursday, 15 Apr, 2021 / 1:24 under