US Session: Dollar holds steady as encouraging economic data boosts consumer confidence





G10 Advancers and Decliners vs USD
CAD 1.27
EUR -0.21
JPY -0.52
CHF -0.64
The dollar held steady against most majors, responding to positive U.S. economic data. The EurUsd dropped 30pips, while the UsdJpy fell 17pips to a low range of 92.9. The GbpUsd remains bullish with inflation rates expected to continue rising in the near term. Equity markets were somewhat flat in the US and Europe with the Dow up just .08% or 6.34pts and the FTSE up .85% or 35.55pts. The yield on…

Read More …

There Is 1 Response So Far. »

  1. [...] News Sources wrote an interesting post today onHere’s a quick excerptG10 Advancers and Decliners vs USDCAD1.27EUR-0.21 JPY-0.52 CHF-0.64 The dollar held steady against most majors, responding to positive U.S. economic data. The EurUsd dropped 30pips, while the UsdJpy fell 17pips to a low range of 92.9. The GbpUsd remains bullish with inflation rates expected to continue rising in the near term. Equity markets were somewhat flat in the US and Europe with the Dow up just .08% or 6.34pts and the FTSE up .85% or 35.55pts. The yield on…Read More … [...]

Post a Response

  • Polls

    How Has The U.S. Recession Affected You?

    View Results

    Loading ... Loading ...
  • Improve the web with Nofollow Reciprocity.