Greenback leaps, on track for weekly revenues

Greenback leaps, on track for weekly revenues

On Friday, the evergreen buck added during Asian trading, heading for weekly profits after solid American economic data contrasted with figures demonstrating euro zone inflation cooling.

The dollar index, evaluating the greenback against a basket of six crucial currencies, soared 0.1%, being worth 100.50. It gained 0.9% for the week and it’s currently not far from a two-week peak of 100.60 reached overnight.

The common currency nursed losses, ascending 0.1% on the day, hitting $1.0681, though tumbling 1.1% for the week.

Thursday’s Spanish and German consumer price data showed that in March inflation slowed more steeply than expected, as crude priced sank, offering some respite to the ECB because it’s pressured to  wind down its monetary stimulus.

Against its major Japanese counterpart, the US dollar was intact on the day at 111.98 yen, gaining 0.5% for the week.

Meanwhile, the British pound headed north 0.2%, being worth $1.2490.

 

 

 

Similar

US Dollar index keeps edging up on American upbeat mood

On Friday, the evergreen buck kept tacking on versus other key currencies after the minutes of the Fed’s latest policy gathering along with Thursday’s upbeat data powered optimism as for the strength of the American economy…

Evergreen buck is at 1-1/2 week maximums on Fed minutes

On Thursday, the main US currency was seen at one-and-a-half week maximums versus a group of key rivals, following overnight revenues after minutes of the Fed’s January gathering underlined hopes for faster lifts in American interest rates…

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

promotions you can be interested in

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