TTCM
Monday, August 13, 2018 / Published in Forex Daily News
After weakening to 13-month lows the euro clawed back above the $1.14 level on today, as Turkey’s lira pulled away from record lows against the dollar, but still held heavy losses for the day. EURUSD raised up to 1.1432 by 13:30 GMT after falling as low as 1.1364 at 04:30 GMT overnight, its weakest level
TTCM
Monday, July 30, 2018 / Published in Forex Daily News
The U.S. dollar was lower on today, while the euro and sterling were higher as investors wait for several central bank meetings this week. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.43% to 94.06 as of 15:34 GMT. Meanwhile, the pound inched higher, with GBPUSD rising 0.31%
TTCM
Friday, July 6, 2018 / Published in Forex Daily News
The U.S. dollar fell on Friday as trade tariffs between the U.S. and China began while the pound gained steam. Trade conflict between the two biggest economies in the world began in force on Friday, when U.S. tariffs on $34 billion worth of Chinese goods went into effect. An additional tariff on another $16 billion
TTCM
Friday, June 22, 2018 / Published in Forex Daily News
The euro remained higher on Friday, as the U.S. dollar fell and trade concerns lingered. EURUSD rose 0.26% to 1.1633 after French and German business activity in June came in higher than expected, easing concerns of a slowdown in the eurozone. The pound was also higher, with GBPUSD rising 0.20% to 1.3268. Trade tensions between the U.S. and
TTCM
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
TTCM
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
TTCM
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
TTCM
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
TTCM
Thursday, June 7, 2018 / Published in Forex Daily News
The euro extended early gains on Today, rising to a three-week high boosted by expectations that the European Central Bank will soon start to unwind its monetary stimulus program.  EURUSD was up 0.54% to 1.1836 by 13:00 GMT, the highest level since May 16. The euro has risen around 1.48% against the dollar so far, this
TTCM
Monday, June 4, 2018 / Published in Forex Daily News
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 was up 0.52% at 1.1720 by 14:11 GMT, after rising as high as 1.1745 earlier. The euro gained as concerns