Jerome Powell speaks to the Wall Street Journal, the markets react instantly
The Fed Head’s WSJ interview generated plenty of interest in the [...]
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
Trading news
Dollar surges, stocks sink after Powell lets yields run loose
Powell gives no hints about possible action to stem selloff in [...]
Inflation fears & rising bond yields spooked investors – FTSE 100 Market Outlook – 05/03/2021
Stocks in London were going up nicely yesterday during the European trading [...]
