Trading news

U.S. dollar weakens after Trump's press conference

U.S. dollar loses momentum

The U.S dollar declined after Trump's press conference who has disappointed the traders and the investors.

U.S. dollar index trades to 101.16

The dollar index traded to 101.16, falling 0.53%. The U.S. dollar traded weaker to the yen at 114.

The euro recaptured the $1.06 zone, and the sterling recovered the $1.22 price level.

Japan

Japan's bank lending climbed from 2.4% to 2.6%, whereas the economists estimated the nation's indicator to stabilize at 2.4%.

The Japanese economy watcher current index remained at 51.4 and differed from the economists' predictions for declination to 50.0.

France

The French consumer price inflation stabilized at 0.3% and did not meet the analysts' estimations that the CPI would rise 0.3%.

Italy

Italy's industrial production climbed from 0.1% to 0.7%. The economists and the analysts predicted the Italian IP to appreciate 0.3%.

Read More

Thursday, 12 Jan, 2017 / 2:06

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

Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-weakens-after-trump-s-press-conference

Trading news

 

Philly Fed Manufacturing Index Rises To 3-Year High

In what could be a sign of a turnaround in the US manufacturing sector, the [...]

Posted on Friday, 21 Feb, 2020 / 1:23 under

What is the gold/silver ratio?

By Giles Coghlan, Chief Currency Analyst at HYCM The gold/silver ratio [...]

Posted on Friday, 21 Feb, 2020 / 10:17 under

Dollar and gold shine but yen subdued as virus cases spike again

  Flight to safety boosts dollar and gold, yen nurses losses as new [...]

Posted on Friday, 21 Feb, 2020 / 10:05 under