as expected, and.5 YoY. Failure to extend gains beyond.1520, should keep the risk leaned to the downside. The USD is often called 'The Greenback' in reference to its green coloring and can often be a favorite vehicle of traders looking to buy assets from or in The United States. This correlation with the Shanghai stock exchange is to be added to the correlation it has with gold. Inflation is another economic value that is important for this pair. Bill Morneau ) that implement policies that affect the economy of the country. A positive value shows trade surplus, while a negative value shows trade deficit. The prevailing view is that the Australian Dollar offers diversification benefits in a portfolio containing the major world currencies because of its greater exposure. EUR/USD pair is bouncing from a daily low.1481 reached during Asian trading hours, as the latest fomc's Minutes revived hopes for higher interest rates in the US, sending Treasury yields sharply.
We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. In terms of economic data, we should highlight the. After spending the majority of the day in a tight range near mid-112s, the USD/JPY came under pressure in the NA session as the sharp fall witnessed in major equity indexes in the.S. It is an event that generates some volatility for the USD/CAD.
Check our updated for audusd News including real time updates, technical analysis and the economic latest events from the best source of Forex News. Check our updated for usdcad News including real time updates, technical analysis and the economic latest events from the best source of Forex News. Forex - Dollar Dips, but Fed Minutes Keep Rate Hikes on the Table By Investing. Co m - 9 minutes ago. M - The dollar eased from one-and-a-half.
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