country flagالعربية

The dollar stabilized against major currencies after yesterday gains

2019-02-12 08:44 am | Resource: NEWS | No Views : 121

 The dollar was steady during early European trading after the dollar index rose amid a state of uncertainty surrounding the Sino-US trade tensions that have been supported as a safe haven for assets.

The return of the event on the closure of the government

As US President Donald Trump reiterated the government's longest-term closure by saying: "If we do not close down, we can not show the world what's going on in hell with the border." In a march in El Paso, Texas, described illegal immigration as a "tragic human tragedy" and repeated statistics on the amount of crime and drugs crossing the Mexican border.

Trump also denied official data that most migrants and illegal drugs enter the United States through legal entry points. Instead, he said, "they walk where there is no barrier" and reiterated that the border wall is necessary. The president claimed that the former El Paso officials "pulled the wool over everyone's eyes" and appeared to indicate they had reduced the seriousness of the crimes before the fence was built outside the city to make it look like a wall "made no big difference."

In other news, a report said US legislators had reached a tentative agreement to avert a new government closure of the weekend of $ 1.375 billion to build a wall at the southern border, members of the Senate said Monday.

"We have reached an agreement between us in principle on internal security and six other laws," said Sen. Richard Chalby, one of the main Republican negotiators. The agreement includes funding of $ 1,375 billion to build a wall at the border with Mexico, one of the election promises to President Donald Trump, who was asking for $ 5.7 billion for his project, House aides told AFP.

The agreed figure allows for the construction of 55 miles (89 kilometers) of the wall in the Rio Grande Valley area of ​​southern Texas, according to the aides. But the deal still has to be approved by the White House.

Democrats have been in Congress for weeks with Trump over financing the construction of the wall on the southern border. The knot led to the largest government shutdown in US history lasting more than a month and ended on Jan. 25 when Trump signed a law giving lawmakers three weeks to reach an agreement or face government paralysis again.

US Dollar Trading
  • The dollar index, which tracks the greenback against the basket of other currencies, has not changed slightly at 96.877.
  • The Dollar rose against the EUR by 10% and the EURUSD traded at 1.1265.
  • The USD / JPY dropped 0.1% to trade at 6.7862.
  • The Australian dollar also rose 0.2% against the US dollar to trade at levels of 0.70808
  • After yesterday's strong decline, the GBP / USD pair rose to trade at 1.2863 on Tuesday, up 0.1%.

Other analysis

Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.