Trading news

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.

Read More

Monday, 31 Oct, 2016 / 8:48

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/euro-and-yen-higher-to-the-dollar

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under