Monday, 13 August 2018 / Published in Forex Daily News
The lira pared back some of its losses after Turkey’s central bank pledged to provide liquidity . After weakening to 13-month lows the euro clawed back above the $1.14 level on today, as Turkey’s lira pulled away from record lows against the dollar, but still held heavy losses for the day. EURUSD raised up to
Monday, 30 July 2018 / Published in Forex Daily News
Investors are waiting for a flurry of central bank policy decisions this week. The U.S. dollar was lower on today, while the euro and sterling were higher as investors wait for several central bank meetings this week. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down
Monday, 09 July 2018 / Published in Daily Morning Report
The AUDUSD pair rose 0.4% to 0.7460 The dollar traded near its 3-1/2-week lows against a currency basket on Monday after data last week showed slower-than-expected wage growth. The data showed average U.S. hourly earnings gained five cents, or 0.2% in June after increasing 0.3% in May. Meanwhile, nonfarm payrolls rise by a stronger-than-expected 213,000
Friday, 06 July 2018 / Published in Forex Daily News
The dollar was lower against the safe-haven yen, with USDJPY trading at 110.45 The U.S. dollar fell on Friday as trade tariffs between the U.S. and China began while the pound gained steam. Trade conflict between the two biggest economies in the world began in force on Friday, when U.S. tariffs on $34 billion worth