Extra gains in the US Dollar came from an unexpected resurgence of effervescence in the political arena on the old continent as investors evaluated the results from the European parliamentary elections on June 9.
Extra gains in the US Dollar came from an unexpected resurgence of effervescence in the political arena on the old continent as investors evaluated the results fromthe European parliamentary elections on June 9. Here is what you need to know on Tuesday, June 11: The USD Index started the week on a strong foot and advanced to multi-week tops past the 105.00 barrier. On June 11, the NFIB Business Optimism Index is only due. EUR/USD traded heavily on the defensive and visited the 1.
The UK’s labour market report will be unveiled on June 11. USD/JPY climbed to five-day highs north of the 157.00 yardstick in response to the marked uptrend in the dollar and mixed US yields. The Japanese docket includes Machinery Tool Orders on June 11. AUD/USD bounced vigorously and surpassed the 0.6600 mark, recouping part of the ground lost on Friday’s intense sell-off. On June 11 comes the NAB Business Confidence index. Prices of WTI advanced further and flirted with the $78.
Currencies Dollarindex Fed ECB
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: Political jitters weigh on Euro, US Dollar continues to push higherHere is what you need to know on Monday, June 10: The US Dollar (USD) preserves its strength, while the Euro struggles to find demand at the beginning of the week as markets assess the preliminary results of the European Parliament election.
Read more »
Forex Today: US Dollar consolidates weekly gains ahead of mid-tier data releasesHere is what you need to know on Thursday, May 23: The US Dollar (USD) capitalized on the upbeat PMI data from the US on Thursday, and the USD Index closed the fourth consecutive day in positive territory.
Read more »
Forex Today: US Dollar struggles to find demand ahead of key jobs dataHere is what you need to know on Friday, June 7: The US Dollar (USD) is having a tough time staying resilient against its rivals on the last trading day of the week, with the USD Index staying near the multi-week low it set at around 104.00 earlier in the week.
Read more »
Forex Today: The Dollar regains some composure ahead of upcoming dataThe Greenback managed to reverse part of the recent weakness after bottoming out in multi-week lows against the backdrop of rising speculation of an interest rate cut by the Fed in November, while investors get ready for key upcoming US data releases.
Read more »
Forex Today: US Dollar stabilizes following PMI-inspired selloffHere is what you need to know on Tuesday, June 4: The US Dollar (USD) holds steady against its major rivals early Tuesday after suffering large losses in the American session on Monday.
Read more »
Forex Today: US Dollar struggles to gain traction ahead of confidence data, FedspeakHere is what you need to know on Tuesday, May 28: The US Dollar (USD) is having a hard time finding demand early Tuesday after weakening modestly against its major rivals on Monday.
Read more »