TTCM
Wednesday, 14 March 2018 / Published in Forex Daily News
The dollar pushed higher against the other major currencies on today, but gains were checked by tepid inflation data and concerns over political instability in the wake of the sudden firing of U.S. Secretary of State Rex Tillerson. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, edged up
TTCM
Tuesday, 13 March 2018 / Published in Forex Daily News
The dollar moved higher against a basket of the other major currencies on Today as investors looked ahead to U.S. inflation data later in the day which could offer insights into the pace of rate hikes by the Federal Reserve this year. The U.S. dollar index, which measures the greenback’s strength against a basket of six
TTCM
Friday, 09 March 2018 / Published in Forex Daily News
The U.S. dollar continued to trade at one-week highs against other major currencies on Friday, as upbeat U.S. employment data added to optimism over the strength of the economy. Official data showed that the U.S. economy added 313,000 jobs in February, beating expectations for 313,000. However, the unemployment rate held steady at 4.1%, missing expectations for a further
TTCM
Thursday, 08 March 2018 / Published in Forex Daily News
The euro reversed gains on Thursday after European Central Bank President Mario Draghi downplayed a decision to drop a pledge to expand its quantitative easing program from its rate statement. EURUSD was at 1.2393 after initially rising to a high of 1.2446. The euro initially rose after the ECB dropped a pledge to extend its stimulus program if
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