Trading news

U.S. dollar stable versus the yen

Weekly synopsis

The U.S. dollar stabilized versus its counterparts and the Japanese yen last Friday, after Shinzo Abe and Donald Trump's discussion on a stronger trade relationship.

U.S dollar and yen trade at 113.19

The USD/JPY pair traded at 113.19. The U.S. dollar index reached the 100.71 zone, the EUR/USD approached the 1.0640 level, dropping 0.18%, and the GBP/USD to 1.2490, stable. The USD/CAD traded at 1.3084, 0.46% lower.

The Canadian economy, for the month of January, introduced 48,300 jobs, as per the nation's official data.

The U.S. consumer sentiment remained strong, following Donald Trump's win. The University of Michigan said that its index of consumer sentiment declined from 98.5 to 95.7.

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ArgusFX Review

Monday, 13 Feb, 2017 / 9:35

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Source : https://www.argusfx.com/en/research-education/market-analysis/weekly/u.s.-dollar-stable-versus-the-yen

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