wrapper

0
Votes
Undo
  1. lucyd#
  2. Market Futures Stocks Talk
  3. Wednesday, 02 August 2017
  4.  Subscribe via email
The U.S. dollar was rolling around on the ground near 13-month lows against a basket of the other major types of money on Tuesday, while the euro pulled back from two-and-a-half year highs.

The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major types of money, was up 0.15% to 92.81 by 11.00 a.m. ET (03.00 p.m. GMT) after falling as low as 92.64 on Monday, the weakest since May 2016.

The index fell 2.88% in July, its fifth straight monthly decline and its largest monthly percentage decline since March 2016.

A separate report showed that U.S. (related to people who use a product or service) spending slowly moved up just 0.1% in June, and the personal consumption expenses (PCE) price index, leaving out/keeping out food and energy, also rose just 0.1% in June

The dollar was near one-and-a-half month lows against the desire, with USD/JPY at 110.14, near an overnight trough of 110.01.

The euro was lower, with EUR/USD down 0.32% to 1.1803, after touching a two-and-a-half year high of 1.1845 overnight.

Earlier in the day data showed that gross domestic product in the euro area rose 0.6% quarter-on-quarter in the three months to July and by 2.1% year-on-year, up from 1.9% in the first quarter.

Sterling was steady, with GBP/USD at 1.3224 after rising to a ten-month peak of 1.3244 earlier after data showing that UK factory growth rebounded in July on the back of a sudden rush in new exports.
Comment
There are no comments made yet.
dannapang Accepted Answer Pending Moderation
0
Votes
Undo
Gold price is gradually diminishing investing in Gold is a good wit:D

GBP raises by some percentage, nowadays:D
Comment
There are no comments made yet.
  1. more than a month ago
  2. Market Futures Stocks Talk
  3. # 1
juchum$6 Accepted Answer Pending Moderation
0
Votes
Undo
China's yuan moved to its most grounded against the US dollar in over a year on Monday, after the national bank raised its official direction following a slide in the greenback.

Monday's midpoint was 226 pips or 0.34 for every penny firmer than the past fix of 6.6579 set on Friday. Spot yuan opened at 6.6415 for every dollar and was changing hands at 6.6416 by noontime, 68 pips firmer than the past late session close however 0.09 for each penny weaker than the midpoint:D :D
Comment
There are no comments made yet.
  1. more than a month ago
  2. Market Futures Stocks Talk
  3. # 2
spearking Accepted Answer Pending Moderation
0
Votes
Undo
What about GBP? USD is always a strong currency. I want to deal with GBP and NZD.

If anyone has any information about the said currencies, kindly share:D
Comment
There are no comments made yet.
  1. more than a month ago
  2. Market Futures Stocks Talk
  3. # 3
ben900 Accepted Answer Pending Moderation
0
Votes
Undo
USD is the most powerful currency in the world. Doesn't matter, whatever the price may be. Everyone like to deal with.
Comment
There are no comments made yet.
  1. more than a month ago
  2. Market Futures Stocks Talk
  3. # 4
  • Page :
  • 1


There are no replies made for this post yet.
However, you are not allowed to reply to this post.

About Us

Forex Forum Asia is the premier Asian-based forum on retail foreign exchange (Forex) trading. The community has more than 11,000 members from Asia. The website serves its special interest network including media partnerships with event organizers, online discussion forums, social network, copy trading, provide economic report data, trading blogs and broker informational data. We strive to connect our members with services and brands that are useful and relevant.

english simplified chinese german japanese indonesian arabic filipino
french italian korean russian malay spanish thai

Recent Registered Users

Subscribe to our updates!

  • Stay up-to-date with forexforum.asia
  • Receive invite to participating local and overseas events
  • Receive promotions from our participating partners
  • Opt-in or opt-out anytime, you decide
captcha