Dollar trades weaker after its recent rally

Monday, 02/01/2017 | 09:01 GMT-0

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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%.

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

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