Have an account?
New user?
Sign in or sign up in Virtual Trading
Page 1 of 1 :   1 
16 January, 2018
ollar Regains Ground as Euro Retreats from Three-Year High
Forex Market News Feed - Dollar Regains Ground as Euro Retreats from Three-Year High

The dollar pushed compound adjoining a basket of the add-on major currencies concerning the order of Tuesday as the euro pulled facilitate from three-year highs scaled in the company of growing expectations that the European Central Bank could pare confirm its monetary stimulus this year.

The U.S. dollar index, which events the greenback's strength adjoining a trade-weighted basket of six major currencies, was occurring 0.34% to 90.44 by 08:43 AM ET (13:43 GMT). The index plumbed a three-year low of 90.05 upon Monday.

EUR/USD was the length of 0.35% to 1.2223, pulling away from Monday's highs of 1.2296, which was the strongest level abet in December 2014.

The single currency came asleep pressure after Reuters reported that the ECB is unlikely to decline a pledge to save buying bonds at its upcoming meeting as soon as-door week.

Last week's minutes of the bank's December meeting showed that officials were subsequently than a gradual shift in policy auspices from abet on this year.

Any changes to the bank's guidance would likely be seen by investors as an indication that policymakers are preparing for winding alongside their sticking together buying stimulus program.

The dollar has weakened broadly recently along amid the view that the global economic recovery will outpace U.S. stockpile and prompt addendum major central banks, led by the ECB to begin unwinding lost monetary policy at a faster pace than has been generated. Read More

Let Visit For most reliable forex signals service

↑ Subir
Page 1 of 1 :   1 




Disclaimer: VIRTUALTRADING is not liable for any loss or damage as a result of reliance on the information provided on this website. This website may contain advertising and sponsorship of which we take no responsability. Advertisers and sponsors may offer trading services. Trading on margin involves high risk, and is not suitable for all investors. Your capital may be at risk.
The data contained in this website is not necessarily accurate. Prices herein may be provided by market makers and not by exchanges. As such prices may not be accurate and differ from the actual market price. The content of this website is not intended for informative purposes, and it is exclusively intended for trading simulation. VIRTUALTRADING bears no responsibility for any trading losses you might incur as a result of using any data within this website.

© 2011-2018 VIRTUALTRADING. All Rights Reserved. Terms and Conditions · Contact: info@virtualtrading.com