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Forex news

Dollar fell after Trump tweaked around currency manipulation

04:25 pm 2019-07-03

Dollar fell against a number of world currencies on Wednesday after US President Donald Trump said in a tirade that his country needed to "match" the EU and China in currency manipulation. Trump accuses the EU and China of manipulating the currency US President Donald Trump on Wednesday accused China and the European Union of "manipulating the currency" and "pumping money" to compete with the US economy, adding that America could do something…More

Dollar fell against the major as European US trade tensions returned

03:54 pm 2019-07-02

The Dollar fell against the major currencies after reports that trade tensions could resume in Europe and the US Federal Reserve Secretary Mister does not favor a rate cut so far. Trump: The Muller chase must end now  United States President Donald Trump said on Tuesday that special adviser Robert Muller should stick to his report after being asked to testify again and that after a great deal of testimony and full transparency, "witch hunt" must end. More

Dollar rallied and Yen fell against the major currencies

04:12 pm 2019-07-01

The greenback was up despite red data as US construction spending fell in May and US manufacturing PMI fell. Construction spending in the US falls in May Construction spending in the United States came at a seasonally adjusted annual rate of $ 1,293.9 billion, down 0.8 percent on a monthly basis, the US Bureau of Statistics said on Monday. On an annualized basis, construction spending fell in May by 2.3%. The private…More

Dollar fell in tandem with the start of the 20th peak in Japan

03:09 pm 2019-06-28

Dollar fell against the major currencies as traders awaited data from the US in conjunction with the start of the G20, which awaits much of the expected meeting between the US president and his Chinese counterpart. Trump appreciates stock market gains US President Donald Trump went to Twitter on Friday to claim that the main gains of the stock market recorded at the end of 2016 are a direct result of his election. At the…More

Dollar trading mixed after US data and news of trade tensions

03:31 pm 2019-06-27

The Dollar traded mixed after a number of data including GDP data and unemployment claims, as well as the rise in home sales and the latest number of G20 data and trade tensions Pending home sales in the US are up 1.1% in May US home sales rose 1.1 percent in May, the National Association of Realtors said on Thursday. Pending home sales rose 105.4, up from 104.3 in March. On…More

The US dollar rose as Federal Reserve rates fell

04:26 pm 2019-06-26

The US dollar rose against its major counterparts in the European session on Wednesday as expectations of a rate cut in July fell after Federal Reserve Chairman Jerome Powell said the central bank was "isolated from short-term political pressure." Malmstrom: A reprisal list for the European Union as a Taramb customs tariff Meanwhile, traders' attention shifted to tariffs after European Trade Commissioner Cecilia Malmstrom said on Wednesday that Brussels had a list of retaliatory tariffs ready…More

The dollar traded against major currencies after US data

04:01 pm 2019-06-25

The US currency was mixed against major currencies after data. While the dollar fell against the yen and the franc, it has not changed much against the euro and the pound. New US Home Sales for May and June Consumer Sentiment were announced New home sales in the United States fell unexpectedly by 7.8% in May A report released by the Commerce Department on Tuesday unexpectedly showed a sharp drop in sales of new homes in…More

US dollar fell against major currencies with the possibility of a rate cut

03:00 pm 2019-06-24

The US dollar fell against major currencies in European session on Monday as investors focused on the possibility of a Fed rate cut amid uncertain global economic outlook. In the wake of the pessimistic federal sentiment last week, market participants are cutting interest rates sooner rather than later. Federal Reserve Chairman Jerome Powell is scheduled to speak at the Council on Foreign Relations in New York on Tuesday, where he will talk about economic outlook…More

Dollar price fluctuated during the close of weekly trading

11:51 am 2019-06-21

The US dollar was mixed across the board on Friday as the trader eyed developments in Iran-US relations as investor fears increased as reports emerged that President Donald Trump had allowed an attack on Tehran in response to Iran. Downing a US drone. However, Trump suddenly decided against the attack and Iranian officials claimed he had offered urgent talks. Member of the Federal Reserve Pollard should cut interest rates St. Louis Federal Reserve Chairman James Pollard…More

Pound is falling after the Bank of England has fixed interest rates

12:11 pm 2019-06-20

The Bank of England kept interest rates and quantitative easing, as was widely expected, but reduced growth forecasts for the second quarter. The central bank also lowered its growth forecast for the British economy to zero in the second quarter of 2019, highlighting the risks of global trade and growing concerns about Britain's exit from the EU on the deal. The nine-member monetary policy committee, headed by Governor Mark Carney, unanimously decided to keep the interest rate…More

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