The euro reversed gains on Wednesday
Monday, 04 June 2018 / Published in Forex Daily News
Traders have no concerns over escalating global trade tensions as the political situation in the euro-zone area is improved. The euro pared gains against the dollar on today but remained supported above the $1.17 level as signs of strength in the U.S. economy offset concerns over escalating trade frictions and political tensions in Italy. EURUSD
Monday, 04 June 2018 / Published in Forex Daily News
The Australian dollar was higher The dollar opened the week sliding on Monday morning, but holding on to most of its strength even as confidence in the U.S. economy was boosted by a strong jobs report and the likelihood of another interest rate increase by the U.S. Federal Reserve increased. In China, the People’s Bank
Friday, 01 June 2018 / Published in Forex Daily News
EURUSD dropped 0.27% to trade at 1.1660 The dollar rose after the jobs report came in higher than expected while the euro was lower. The greenback was supported by news that the unemployment rate fell to its lowest level in 18 years and the economy added more jobs than expected. Nonfarm payrolls rose by 223,000
Thursday, 31 May 2018 / Published in Forex Daily News
The U.S. dollar was lower against the yen, with USDJPY at 108.51 The euro pared back gains on Thursday as the U.S. imposed steel and aluminum tariffs on the European Union, Mexico and Canada, backing away from the highs of the day hit earlier amid easing concerns over the Italian political crisis. EURUSD was up
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