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Dollar was higher against the euro and the pound fell on Tuesday

2019-05-07 01:44 pm | Resource: News | No Views : 118

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The Dollar rose as the euro diverged and the pound fell in European session on Tuesday amid risk aversion, as investors watched the latest bricast and trade talks

He said party leader Nigel Brexit Faraj told a news conference on Tuesday that he believed that the new party must have a seat at the negotiating table if Brexit got the victory in the upcoming European elections. Earlier, British Prime Minister Faraj Theresa May and Labor Party leader Jeremy Corbyn accused of trying to form a "coalition against the people" in Britain out of the EU negotiations, which appear to be stopped because the two sides have not reached an agreement yet.

Junker: Tensions between the United States and China may affect the appetite for global investment

European Commission President Jean-Claude Juncker said at a news conference on Tuesday that the ongoing trade tensions between the United States and China is scheduled to have a negative impact on the global investment climate. "If investors do not feel that this problem can be solved soon, the desire for investment on both sides of the Atlantic and around the world is weakening."

US Trade Representative Robert Aatiser said he expected to head China's chief negotiator, Vice Premier Liu He, a delegation from Beijing for talks in Washington on Thursday and Friday.
Car stocks and major losers were driven by exposure to China.

 Lira continues to decline as elections near Istanbul

The Turkish lira continued its decline on Tuesday after reaching its lowest level in seven months on Monday after the Supreme Council of Elections decided to cancel the results of the Istanbul municipal elections.
  • The lira was trading at 6.13554 against the dollar at 2:51 pm CET, its weakest since October 10
  • The lira dropped to 6.86888 against the euro at 2:52 pm CET.

GBP Trades
  • The pound dropped to 1.3085 against the dollar, from a high of 1.3131.
  • The pound fell to a weekly low of 144.75 against the yen.
  • Sterling fell to 1.3325 against the franc. .
  • The British currency hit a 4-day low of 0.8559 against the euro.


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…

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