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There’s a bit of economic optimism in the United States right now, and that is helping the US dollar against its high beta counterparts in Europe. Greenback is heading higher as the latest remarks from an ECB official hammer home the fact that the eurozone isn’t out of the woods yet. (...)Read the rest of US Economic Optimism Helps Dollar (124 words) Posted on Forex News.The post US Economic Optimism Helps Dollar...
The latest jobs data is in for the United States, and the good news is helping the dollar index. However, even though the greenback is finding a little bit of support, it is still rangebound in trading. (...)Read the rest of Dollar Index Slightly Higher on Jobs Data (132 words) Posted on Forex News.The post Dollar Index Slightly Higher on Jobs Data appeared first on Forex News.
The Australian dollar slipped today, falling against the Japanese yen, as most fundamentals were not in favor of risk-related currencies. The Aussie was almost flat against its US counterpart, which was hurt by poor economic reports from the United States.(...)Read the rest of Fundamentals Do Not Favor Aussie (62 words) Posted on Forex News.The post Fundamentals Do Not Favor Aussie appeared first on Forex News.
The US dollar fell today as economic data from the United States was negative yet again. The currency dropped despite the risk-aversion sentiment on the Forex market and signs that the Federal Reserve will continue to reduce monetary stimulus.(...)Read the rest of Domestic Fundamentals Hurt Dollar Yet Again (114 words) Posted on Forex News.The post Domestic Fundamentals Hurt Dollar Yet Again appeared first on Forex News.