Trading news

Dollar trades weaker after its recent rally

Weekly synopsis

The dollar fell, thus trading weaker to its main counterparts last Friday, amid the traders having taken their profits upon the latest rally in place.

U.S. dollar index lower to 102.29

The U.S. dollar index reached the 102.29 zone, trading 0.28% lower. On a yearly basis, the index appreciated approximately 3.7%.

The EUR/USD traded 0.29% higher, ending at 1.0517 while climbing to 1.0653 during the Asian trading session.

The GBP/USD traded to 1.2350, rising 0.71%, and the USD/JPY to 116.95, appreciating 0.34%.

Read More

Monday, 02 Jan, 2017 / 9:01

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

Source : https://www.argusfx.com/en/research-education/market-analysis/weekly/dollar-trades-weaker-after-its-recent-rally

Trading news

 

Coronavirus Stays in Spotlight; EUR Slides on ECB, EZ and UK PMIs in Focus

Most major EU indices traded in the red for another day, and while the US ones [...]

Posted on Friday, 24 Jan, 2020 / 8:47 under

Golden Cross Pattern on NZD/USD Daily Chart

A bullish golden cross pattern (50-period moving average crossing above the [...]

Posted on Thursday, 23 Jan, 2020 / 11:17 under

ECB meets after BoC sinks loonie; risk appetite wobbles

  ECB to stay on hold – risks tilted towards a slightly more [...]

Posted on Thursday, 23 Jan, 2020 / 10:28 under