Trading news

U.S. dollar higher against its counterparts

U.S. dollar recovered versus its major counterparts but resumes being lower, amid the traders digesting the FED's and Bank of Japan's announcements.

U.S.dollar index higher at 95.40

The U.S. dollar index traded higher thus ending the week at 95.40, rising 0.1% on Friday.

The USD/JPY, before settling back to 100.96, declined to 100.06 last Thursday. During the week the currency pair decelerated 1.27%.

The EUR/USD ended at 1.1227 after reaching the 1.1256. The currency pair gained 0.64% for the week.

The GBP/USD, before setting at 1.2995, traded as low as 1.2915, amid the talks on Britain's exit from the EU resuming. The USD/CAD traded at 1.3168, strengthening 0.96%.

Read More

Monday, 26 Sep, 2016 / 7:37

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/u.s.-dollar-higher-against-its-counterparts

Trading news

 

UK ILO Unemployment: Pound Set To Decline?

Heading into the G7 meeting over the weekend, analysts were expecting some [...]

Posted on Monday, 14 Jun, 2021 / 11:36 under

Trade ideas for June 14-18

The Bank of Canada and the European Central Bank held meetings last week. Both [...]

Posted on Monday, 14 Jun, 2021 / 10:44 under

Dollar advances as traders brace for Fed decision

· Dollar climbs as shorts hedge ahead of Fed meeting on Wednesday [...]

Posted on Monday, 14 Jun, 2021 / 9:13 under