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Eur rose against the major currencies as the dollar weakened

2019-04-22 10:28 am | Resource: NEWS | No Views : 218

Euro rose against the major currencies as the dollar weakened

The dollar fell against its major counterparts such as the euro on Monday as the euro rose against its major counterparts in European trade, losing ground against the Canadian dollar after rising crude prices.

The dollar found support in recent weeks on the back of a 10-year rise in 10-year Treasury yields and strength signs in the world's largest economy, including better-than-expected retail sales in March, after a weak start this year. .

Juncker: Britain's exit from the EU can not be postponed indefinitely

On the bricast, European Commission President Jean-Claude Juncker said that Britain's exit from the EU could not be delayed indefinitely and that the UK should not "waste time" in finding a solution to the current impasse. In his speech, he warned that the risk of Britain's exit from the EU remains, and that it will have long-term effects that destroy the UK economy.

Jonker also commented on the upcoming European elections, predicting that the British "in all probability" would remain in the European Union at the time and would have to hold it. "We can not punish citizens because the British could not resign at the agreed date," he said.

British Prime Minister Teresa May said earlier that the country could hold a deal before May 22, thus avoiding the election.

Euro Trading
  • The dollar index was finally down 10 per cent to 97.383, slightly lower after a gain of 0.4 per cent last week.
  • The euro fell almost 0.1 percent to $ 1.1240.
  • Reflecting early lows of 1.1400 against the franc and 1.5707 against the Australian dollar, the euro rose to a 4-day high of 1.1415 and 1.5763, respectively.
  • The rise extends early, the euro rose to 1.6843 against the kiwi, the highest since April 17.
  • The euro rose to a 4-day high of 1.1249 against the dollar from an early low of 1.1236
  • The euro rose 0.8658 against the pound, from an early low of 0.8643.
  • The European currency rose to 125.90 against the yen in early trading
  • The pound was lower against the dollar at $ 1.2996, and fell below $ 1.30
  • The Canadian dollar rose about a quarter of a percent to CAD 1.3360
  • Against the Japanese yen, the dollar was up 0.1 percent at 111.94 yen

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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…

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