The Pound slipped more than 120 pips, to 1.5353, against the U.S. dollar in early Asian deals Wednesday. It fetched about 1.5477 U.S. dollars ahead of the data on Tuesday. The dollar also remained firms after comments by Fed policymakers indicated that a U.S. rate hike is still on cards this year.
Forex Charts | The U.S. dollar index continued its strong trend on Friday morning, trading at 96.25 from 95.45 during early U.S. trading Thursday. The greenback has remained broadly supported by hopes for a U.S. rate hike before the end of the year.
Gold prices had spiked on Friday after the Fed decided to keep interest rate unchanged a day earlier at its latest policy meeting. Prices rose percent Friday and were up more than 3 percent last week.
The EUR/USD pair traded at during early hours of Asian trade Thursday, up from about 24 hours ago.
Forex Charts | The euro reversed early sessions losses to trade at 1.1243 against the U.S. dollar in early Asian deals Tuesday, versus 1.1145 U.S. dollars it fetched at Monday’s low. Meanwhile, the greenback fell considerably on Monday in spite of continuing indications from the Federal Reserve that it will raise interest rates at some point over the next few months.
#Forex Charts | Although the data supports the case for a Fed rate-hike later this year, the U.S. dollar took a dive late Monday and continued to test price lows in early trade Tuesday. The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, slipped to 95.90 in early Asian deals, pulling back from Monday’s low of 96.50.
Tsipras's re-election reassured financial markets, especially Greece’s EU/IMF creditors, that Athens will stick to its bailout commitments. The development is positive for both the euro and eurozone stock indices, as it is a sign of further stability in the troubled European nation. However the 19-nation currency came under heavy selling pressure Monday after Goldman Sachs (GS) released a weekend note highlighting global growth concerns. The investment bank said the European Central bank…
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Forex Charts | The euro declined from a high of 1.1295 against the U.S. dollar on Thursday to trade at 1.1178 in early Asian deals Friday.
#Forex Charts | The euro fell to 1.1193 against the U.S. dollar, but recovered to trade at 1.1260 ahead of the eurozone inflation data on Wednesday.
The New Zealand dollar fetched 62.91 U.S. cent following the release during early hours of Asian trade Thursday. The kiwi fetched 62.69 U.S. cent ahead of the data. The greenback remained broadly supported by hopes for a U.S. rate hike before the end of the year.
#Forex Charts | The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down at 96.13, from around 96.41 ahead of Thursday’s data.
The USD/CHF pair gained to trade near multi-session high, at early Wednesday, from ahead of the report on Tuesday.
Despite the weak housing data, the US dollar index, which tracks the greenback against a basket of six major rivals, was up at during early Asian trade Monday, compared to ahead of the report.
#Forex Charts | The yen, which has been rising against the U.S. dollar over the last few session, fell sharply in early Asian deals Wednesday. The USD/JPY pair traded at 119.98, compared to 119.50 just ahead of the data.
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