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Forex news

The dollar performance against the currencies at the end of weekly trading

08:49 am 2019-03-01

 The Dollar is falling against other major currencies in early European trade on Friday, after an optimistic reading that the US economy grew 2.6% annually in the fourth quarter - and more than 3% for the whole year for the first time since 2005 - paid 10-year Treasury yields The highest in three weeks, supporting demand against the dollar. POWELL: The Fed will be patient with price changes In other remarks, US Federal Reserve Chairman Jerome Powell reiterated that the US economy was "in a…More

The dollar is mixed against the currencies after the end of the Trump and Kim Summit

08:40 am 2019-02-28

 The dollar's performance against major currencies continued to fluctuate on Thursday amid uncertainty over the change in the summit schedule between US President Donald Trump and North Korean leader Kim Young-on. The White House announced that the two sides had not reached an agreement. From Powell's testimony to Congress Powell's testimony before Congress US policymakers can make "limited" sales of mortgage-backed securities from the Fed portfolio, but no decision has been made, US Central Bank chief Jerome Powell told lawmakers on Wednesday. He stressed…More

Dollar is trading against the major currencies after Powell testimony

08:37 am 2019-02-27

 The dollar rose against major currencies on Wednesday, a day after Federal Reserve Chairman Jerome Powell's half-yearly testimony to Congress. Powell: Federal government on unsustainable financial path US Federal Reserve Chairman Jerome Powell said on Tuesday that the federal government in the United States is "on an unsustainable financial path" as debt to GDP continues to increase. During his testimony before the Senate Committee on Banking, Housing and Urban Affairs, Powell noted that the ways to reduce the debt level were not the Fed's…More

Dollar was mixed against major currencies after reports of continued trade talks

11:06 am 2019-02-26

  Dollar is trading mixed as markets in the US recorded a decline in the red zone during pre-sale trading on Wall Street on Tuesday as investors sought evidence of the outcome of trade negotiations between the world's two largest economies.  Earlier media reports said part of the Chinese delegation was staying in Washington to continue trade negotiations between the United States and China at the expert level. Trade talks continue between the United States and China at the expert level A part of…More

British pound is jumping against major currencies after reports of an exit delay

08:28 am 2019-02-26

Sterling traded at a three-month high on Tuesday against the Swiss franc and the Japanese yen, with a record high of 1.3162 and 0.86268 per euro. The British currency continued to rise after speculation in the media yesterday that Prime Minister Teresa May could be under pressure from within her conservative party and support the delay in the date of Britain's exit. Its negotiators may fail to reach an agreement in time with the European Union that can be accepted by parliament. The Sun and…More

Dollar fell against major currencies at the beginning of weekly trading

08:27 am 2019-02-25

 US dollar traded lower during early European trade on Monday amid news of a major easing in trade negotiations between China and Japan Trump: US is moving to delay tariff increases in China US President Donald Trump said the United States would delay tariff increases on Chinese goods originally scheduled for March 1. He also said a trade deal was within reach "assuming both sides make further progress" and expected a meeting with Chinese President Xi Jinping to conclude the negotiations. …More

The Dollar is heading for a weekly closing in red

09:42 am 2019-02-22

The dollar traded on Friday after a series of losses since the beginning of the week, which improved slightly yesterday after durable goods data and unemployment claims US unemployment claims for the first time fell more-than-expected in the week ending Feb. 16, falling to 216,000, down 23,000 from the previous unadjusted level of 239,000. Economists had expected jobless claims to fall to 229,000. According to data released by the Ministry of Commerce. Durable Goods orders rose 1.2% in December, after jumping 1% in November. Economists…More

Dollar diverged after reports on the willingness of the United States and China to outline the trade agreement

11:10 am 2019-02-21

 The Dollar's performance diverged in European trading as US equities futures traded in the green zone during pre-sale trading on Wall Street on Thursday as investors focused on the next round of trade talks between Washington and Beijing, which is due to start later today. At the same time, market observers have digested the latest report that there has been a breakthrough in the negotiations and that the two sides are expected to hold additional talks over the next three months on the basis of agreements reached in Washington…More

The dollar was relatively stable against major currencies after yesterday decline

08:20 am 2019-02-20

The dollar traded against major currencies in morning trading on Wednesday ahead of the Fed's monetary policy meeting minutes. And amid positive news about trade negotiations  US President Donald Trump described trade talks between Washington and Beijing as "complex," but remained optimistic about the outcome of the discussions. The president added that the March 1 deadline "is not a magic date because there are a lot of things happening." Suit against Trump The American Civil Liberties Union (ACLU) filed a lawsuit against the…More

Dollar is rising and awaiting the new trade negotiations and the aftermath of the emergency declaration

12:34 pm 2019-02-19

 Dollar rose against most currencies on Tuesday as traders followed Trump's plan to finance the Wall with Mexico. Traders are also awaiting information from the US-China trade round on trade and intellectual property protection. Vice Premier Liu Huo will represent the government in Beijing. BEIJING (Reuters) - China on Tuesday accused the United States of blocking its industrial development by claiming its fifth-generation technology posed a threat to national security. 16 And a nation that sue Trump because of the national emergency …More

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