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Euro and yen higher to the dollar

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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Monday, 31 Oct, 2016 / 8:48

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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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