Category: forex

amid U.S. political concerns might hitting dollar hard

The dollar remained under pressure Tuesday amid concerns about the Trump administration as the FOMC meeting starts. The dollar index was off 0.16% at 93.67 at 02:30 ET, off a high of 93.91. The Trump administration remains mired in the probe into alleged Russian meddling in the U.S. 2016 presidential race. Trump’s son-in-law Jared Kushner […]

yen advanced 0.2 percent to 110.89 per dollar

The dollar resumed declines and Asian equities were mixed as investors sifted through earnings ahead of the U.S. Federal Reserve’s policy decision. Oil extended gains. The Bloomberg Dollar Spot Index approached the lowest level since May 2016 as the euro and yen strengthened. The MSCI Asia Pacific Index fluctuated near a 10-year high as stocks […]

British pound news-climbed to $1.3032 from $1.3007

Asian share benchmarks sagged Tuesday as investors awaited a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range. KEEPING SCORE: Japan’s Nikkei 225 index slipped 0.1 percent to 19,955.20 and Hong Kong’s Hang Seng fell […]

German Import Price Index effect on euro

Destatis is scheduled to issue Germany’s import price data for June in the pre-European session at 2:00 am ET. Economists forecast import prices to rise 2.9 percent annually in June after increasing 4.1 percent in May. Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the […]

European bourses opened slightly higher on Tuesday

investors monitored earnings and awaited the start of a two-day policy meeting of the Federal Reserve.European bourses opened slightly higher on Tuesday as investors monitored earnings and awaited the start of a two-day policy meeting of the Federal Reserve. The pan-European Stoxx 600 edged up 0.14 percent with most sectors and major bourses in positive […]

Asia news-most markets edge up

The dollar suffered fresh losses yesterday, while Asian markets mostly rose as investors await a Federal Reserve policy meeting and the release of big-name earnings results. But uncertainty surrounding Donald Trump’s presidency continues to drag on sentiment, with Wall Street’s three main indexes ending last week on a negative note. The single currency extended last […]

US Dollar news : US political turmoil pushes value to 13-month low

The dollar struggled near a 13-month low against a basket of major currencies on Monday as US political turmoil dampened hopes for quick passage of President Donald Trump’s stimulus and tax reform agendas and the euro extended gains. The Trump administration, already dogged by investigations into alleged Russian meddling in the US election, took a […]

yen dollar news-climbed for a fifth day at the start of a week

Stocks were mixed while the yen climbed for a fifth day at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting. The MSCI Asia Pacific Index was little changed after a 10-day rally, while European stocks were dragged lower […]

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