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Dollar fell against major currencies and a holiday in the US today

11:49 am 2019-02-18

The dollar recorded mixed movements during weak trading due to the official North American Presidents Day holiday. Investors are also waiting for US-China trade talks to begin this week, after some progress in talks last week. At the level of tariffs In other news, US President Donald Trump received the results of an investigation into the possibility that imported vehicles pose a threat to national security, which could lead the United States to impose tariffs. The Minister of Commerce said in a statement that Wilbur…More

The dollar strengthened against most major currencies after inflation data

08:37 am 2019-02-15

 The dollar rallied against major currencies during early European trading at the end of weekly trading as weak sales contributed to risk aversion. As weak US retail sales data raised concerns about the slowdown in the world's largest economy. Retail sales in the United States unexpectedly declined in December, according to government data, which was closed due to a delay in its operation, published by the Commerce Department on Thursday. Trade negotiations On the trade negotiations, US Treasury Secretary Stephen Menuchin and…More

Dollar is rising against major currencies and anticipates the outcome of trade negotiations

09:31 am 2019-02-14

  The dollar continued to rally strongly against major currencies as the euro and the pound fell to several-week lows against the dollar, which received a boost of data indicating a sustained strength in core inflation in the United States. Risk appetite has been supported by growing expectations of a breakthrough in the US-China trade stalemate. US President Donald Trump is considering extending an additional 60-day tariff truce with China if both sides are closer to a trade deal, according to Bloomberg sources. Trump has threatened to raise tariffs…More

Dollar is losing ground against major currencies after a series of gains

08:46 am 2019-02-13

  The dollar fell in European trading on Wednesday as demand for safe haven assets weakened, with signs that the US federal government will not close again this year. Trump: Wall being built "regardless of money" US President Donald Trump has announced that the spending bill approved by lawmakers will include $ 23 billion for border security. He added that the wall was still being built on the Mexican border, despite reports that only $ 1.4 billion had been allocated for its construction. "The…More

The dollar stabilized against major currencies after yesterday gains

08:44 am 2019-02-12

 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…More

US Dollar rose at the beginning of weekly trading against most currencies

09:31 am 2019-02-11

 US dollar rose against its major counterparts in the Asian session on Monday on concerns about global economic growth as traders moved to the appeal of safe assets. Investors are cautious as they look forward to the next round of US-China trade talks in Beijing this week. Resumption of trade talks The White House said US Trade Representative Robert Lefteizer and Treasury Secretary Stephen Menuchin will visit Beijing next week for a two-day trade tour with their Chinese counterparts from February 14 to 15.…More

US dollar at a two-week high and heading for a weekly high

08:45 am 2019-02-08

 The dollar rose to trade at a two-week high against major currencies as fears of a trade war continued and demand for the dollar and bonds rose as a safe asset. Traders are watching the Federal Reserve's interest rate hike Trump insists he will not meet Shi before March 1 US President Donald Trump told reporters at the White House Oval Office Thursday that he will not meet with his Chinese counterpart Xi Jinping before the US-China trade truce ends March 1, but said…More

Bank of England keeps interest rates unchanged and the Pound rises

01:05 pm 2019-02-07

 Bank of England decided on Thursday to keep interest rates unchanged. The MPC reached a unanimous decision to keep its benchmark interest rate at 0.75% in an attempt to meet the inflation target of 2%. Carney: British economy is not ready to go out without agreement Bank of England Governor Mark Carney said Thursday that the British economy is not yet ready for Britain to leave the European Union. As the UK partnership with the EU in the future remains unclear, the prospect of…More

US dollar continues to rise against the currencies after the talk of Jerome Powell

08:43 am 2019-02-07

 US dollar continued to rally against most major currencies after Federal Reserve Chairman Jerome Powell, who insisted on the US economy, performed well Jerome Powell: US economy "in a good place" Federal Reserve Chairman Jerome Powell said the US economy was "in a good place" during a speech at a municipal meeting with teachers from across the country in Washington. After his opening remarks, Powell confirmed in his responses to public questions that the Federal Open Market Commission (FOMC) pays particular…More

Dollar stabilized after the Trump State of the Union case

08:42 am 2019-02-06

 Dollar was trading against the major currencies after Trump's 2011 State of the Union address on Wednesday. Where Trump addressed a number of the most prominent issues on the US arena, most notably the trade war and the provisions of immigration Trump's speech includes talking about business warfare US President Donald Trump said in a State of the Union speech that any trade deal with China should address not only what he called the chronic US trade deficit but also change Chinese policies to…More

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