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U.S. dollar lower while the investors profit

U.S. dollar weakens to its counterparts

The U.S. dollar traded lower against its major counterparts today, while the investors and the traders benefited from profits, despite the improved economic data and outlook on rate hikes.

U.S. dollar index weaker to 100.77

The U.S. dollar index approached the 100.77 zone, having declined 0.31%. The USD/JPY traded to 113.69, 0.37% lower, the EUR/USD to 1.0628, rising 0.27%, the GBP/USD to 1.2491, appreciating 0.24%, and the AUD/USD to 0.7709, having somehow stabilized.

France

The French rate of unemployment dropped from 10.1% to 10.0% and differed from the economists' and the analysts' estimations for declination to 9.7%.

Australia

Australia's rate of unemployment decelerated from 5.8% to 5.7%. The analysts predicted the indicator to stabilize at 5.8%.

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ArgusFX Review

Thursday, 16 Feb, 2017 / 3:48

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-lower-while-the-investors-profit

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