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

 

Pound Still Has Hope

Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex The British Pound [...]

Posted on Monday, 23 Nov, 2020 / 1:01 under

The Week Ahead: Where’s The Money?

EURCAD Retreats as Budget Hits Roadblock The euro came under pressure after [...]

Posted on Monday, 23 Nov, 2020 / 12:30 under

Weekly Fundamental Bulletin: US Revised GDP & Eurozone Flash Estimates

Last week’s highlights Japan GDP rises 21.4% in Q3 There was some good [...]

Posted on Monday, 23 Nov, 2020 / 12:28 under