Euro and yen higher to the dollar

Monday, 31/10/2016 | 08:48 GMT-0

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Weekly synopsis

Euro and yen were the big winners against the dollar on late Friday last week, amid the uncertainty in place generated from FBI's comments that it shall perform a detailed review of Hillary Clinton's private email use.

Euro and dollar higher to 1.0985

The EUR/USD traded to 1.0985, jumping 0.82%, and the USD/JPY traded at 104.72, declining 0.52%.

The U.S. dollar index declined to 98.31, 0.62% lower, while previously having appreciated to 98.92.

Furthermore, the GDP in the U.S. expanded 2.9% at a yearly rate and was higher compared to the economists' forecasts. The nation's consumer spending dropped to 2.1% from the second quarter's 4.3% rate.

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Source: https://www.argusfx.com/en/research-education/market-analysis/weekly/euro-and-yen-higher-to-the-dollar

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