Thursday, May 31, 2018 / Published in Forex Daily News
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 0.08% to 1.1672, after rising as high as 1.1724 earlier. U.S Commerce Secretary
Wednesday, May 30, 2018 / Published in Forex Daily News
The euro rebounded from ten-month lows against the dollar on Wednesday, erasing the previous day’s losses as financial markets recovered from a steep selloff sparked by political turmoil in Italy. EURUSD rose 0.68% to 1.1614, bouncing back from Tuesday’s lows of 1.1509, which was the weakest level July 2017. The single currency has fallen around 3.8%
Tuesday, May 15, 2018 / Published in Forex Daily News
The U.S. dollar rose to the best levels of the day on Tuesday, nearing last week’s four-and-a-half month highs after a slightly stronger than expected U.S. retail sales report. The Commerce Department reported that while retail sales rose 0.3% in April the prior months figure was revised up to 0.8% from a previously reported 0.6%. Core retail sales rose 0.3% last
Monday, May 14, 2018 / Published in Forex Daily News
The dollar extended losses against a basket of the other major currencies on Monday falling to the day’s lows, helping the euro recover from recent multi-month lows. The Fed raised rates in March and projected two more rate hikes this year, although many investors had seen three hikes as possible. Earlier Monday, Cleveland Fed head Loretta
Trade Responsibly:Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.
+ +