Greenback keeps to 96.00

Greenback keeps to 96.00

On Tuesday, the American currency kept the positive tone, while a test/surpass of the crucial 96.00 level is still elusive.

The US index keeps soaring for the third straight session. The index actually seeks to regain the key 96.00 level and nearly fully retracing previous Thursday’s huge pullback to the mid-95.00s.

The US dollar’s upside move stays underpinned by the sturdy rebound of American yields, where the 10-year benchmark keeps to the key 2.40% value, the level last reached in early May.

Also giving support to the greenback, San Francisco Fed J.Williams told that a third rate lift in 2017 seems reasonable enough, while he expects the major US bank to start normalizing its balance at some point later this year.

Meanwhile, in the US data space, the NFIB index is expected to be published soon, followed by speeches by FOMC’s L.Brainard and JOLTs Job Openings as well as Minneapolis Fed N.Kashkari. The given index is earning up to 0.08%, hitting 95.89.

Similar

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera