Trading news

U.S. dollar higher recovering last week's drop

The U.S. dollar traded higher versus its major counterparts, thus recovering from its previous one-week consecutive drop, amid the optimism that the U.S. economy will strengthen.

Euro and U.S. dollar trade at 1.0650

The EUR/USD approached the 1.0650 level, falling 0.22%, as the dollar was supported by Yellen's statement on Tuesday at the Senate Banking Committee.

Following the Senate Banking Committee's comments that retail sales for January dropped 0.3%, failing to meet the estimations for 0.9% appreciation, the GBP/USD traded at 1.2425 declining 0.52%.

The USD/CHF traded to 0.9984 adding 0.13%, and the USD/JPY to 112.75 sliding 0.43%. The NZD/USD approached the 0.7192 zone dropping 0.26%, and the AUD/USD traded at 0.7668 0.38% lower.

The USD/CAD stabilized at 1.3078, and the U.S. dollar index climbed to 100.58 appreciating 0.14%.

Read More

ArgusFX Review

Friday, 17 Feb, 2017 / 2:21

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


USDCAD 5-Wave Impulse To Complete Triple Zigzag

The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]

Posted on Wednesday, 27 Jan, 2021 / 12:54 under

Republicans U-Turn On Trump Impeachment

Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]

Posted on Wednesday, 27 Jan, 2021 / 12:53 under

OIL breaking higher after a surprise drawdown in API inventories – US OIL Market Outlook – 27/01/2021

WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]

Posted on Wednesday, 27 Jan, 2021 / 9:26 under