The dollar fought back from a seven-week low against the euro on Thursday, helped by a technical bounce and some disappointing economic news from Europe and China. Economic news from the U.S. was generally positive this morning. The Conference Board’s Leading Economic Index for the U.S. increased 0.3 percent in January to 99.5, suggesting the
The dollar is turning in a mixed performance at the end of the trading week. The U.S. currency is nearly unchanged in comparison to the Euro, but is falling against the Japanese Yen as investors turn more risk averse. However, the dollar is gaining ground against the pound sterling, after some comments from Mark Carney.
The dollar is solidly lower against all of its major competitors on Thursday. Stronger than expected economic data from the Eurozone is contributing to the currency’s weakness against the Euro. The Japanese Yen is gaining ground after weak Chinese data has spooked investors into flocking to the safe haven. After reporting first-time claims for U.S.
The dollar is trading with mixed results against its major competitors at the end of the trading week. The U.S. currency is flat against the Japanese Yen, but is gaining ground against the Euro. However, the dollar is down sharply against the pound sterling, following the stronger than expected growth in British retail sales. After
The dollar is currently gaining ground against all of its major competitors on Wednesday, ahead of the release of the Beige Book this afternoon. The stronger than expected increase in the Empire State manufacturing index has also contributed to the dollar’s strength. Producer prices rose in line with economist estimates in the month of December,
