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

 

The ECB turns everything upside down

A new European Central Bank report shows a different assessment of the central [...]

Posted on Wednesday, 03 Mar, 2021 / 1:09 under

Intraday Market Analysis – Tough Resistance

GER 30 recoups February losses ger30 Easing Treasury yields have put a floor [...]

Posted on Wednesday, 03 Mar, 2021 / 12:48 under

Dollar snaps gains as Fed doubles down on easy policy

  Dollar suffers sharp pullback as yields settle lower, Fed hints at [...]

Posted on Wednesday, 03 Mar, 2021 / 10:45 under