Trading news

U.S. dollar stable while uncertainty resumes

U.S. dollar stable versus counterparts

The U.S. dollar today, Monday, stabilized versus the other main currencies, while the political uncertainty resumes weighing on the euro. The U.S. dollar index traded at 100.86.

U.S. dollar and yen to 113.08

The USD/JPY pair aimed higher to 113.08 appreciating 0.22%. The EUR/USD approached the 1.0621 level rising 0.07%.

The EUR/JPY reached the 120.11 level climbing 0.31%, the GBP/USD to 1.2455 escalating 0.38%, the NZD/USD at 0.7179 stable, and the AUD/USD to 0.7670 rising 0.12%.

Gold lower in the EU session

As the traders and the investors wait for the next rate increase in the U.S., today during the EU morning trading hours the precious metal, gold, traded lower.

In the New York Mercantile Exchange on the Comex division, April's delivery on gold reached the $1,235.75 a troy ounce shedding 0.3% or $3.35.

Moreover, silver futures reached $17.97 a troy ounce falling 0.3% or 5.7 cents, palladium to $774.83 an ounce dropping 0.6%, and copper futures to $2.724 a pound rising 1.7 cents or 0.7%.

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ArgusFX Review

Monday, 20 Feb, 2017 / 10:35

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-stable-while-uncertainty-resumes

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