Tuesday, June 19, 2018 / Published in Forex Daily News
  Daily Afternoon Report 19.06.2018   The dollar rose to the day’s highs against a currency basket on Tuesday and pared back some losses against the safe haven yen as heightened trade tensions between the U.S. and China soured risk appetite. China warned Tuesday that it would retaliate swiftly after U.S. President Donald Trump threatened
Friday, June 15, 2018 / Published in Forex Daily News
The euro was steady on Friday, as the U.S. dollar fell amid trade war concerns. U.S. President Donald Trump announced a 25% tariff on $50 billion of Chinese goods on Friday, with China threatening to respond. The two largest economies in the world have been in a tit-for-tat over global trade tariffs in recent months as the
Thursday, June 14, 2018 / Published in Forex Daily News
The euro dropped on Thursday after the European Central Bank signaled plans to wind up its bond purchasing program stimulus program by the end of the year but reiterated that it expects to keep interest rates on hold until the middle of 2019. The euro initially spiked to the day’s highs, with EURUSD rising to 1.1852, the most
Wednesday, June 13, 2018 / Published in Forex Daily News
The dollar slid against a currency basket on Wednesday as investors awaited the conclusion of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to raise interest rates for the second time this year at its meeting and with a rate hike almost fully priced in market participants will be focusing on whether
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