investing forex

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Forex - Euro Weakness Keeps Greenback Afloat By - Investing.com Posted: 04 Mar 2019 11:42 AM PST © Reuters. Investing.com - The dollar eased from session highs against its rivals Monday but held some support following a slump in the euro to two-week lows. The , which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.20% to 96.43. fell 0.35% to $1.1334. Euro area economic data showed for the 12 months through January topped expectations, but in the euro zone improved to -2.2 in March from -3.7 in February. Weakness in the single currency helped the greenback hold gains, even as it slipped from session highs after U.S. for December came in weaker than expected. December's report capped a year in which "total outlays grew 4.1%" and "(r)esidential spending increased just 3.3% for the year, the slowest pace since 2011 amid sluggish homebuilding activity," Wells Fargo said. fell 0.22% to $1.1373 as weaker offset gains in the pair that were fueled by hopes that U.K. Prime Minister Theresa May could persuade pro-Brexit lawmakers to support her withdrawal deal at a vote slated for March 12. The prime minister has promised lawmakers the option to vote on delaying Brexit beyond the March 29 deadline should her deal fail to scoop up the required votes. A group of Brexit-supporting lawmakers, who previously rejected May's deal, are reportedly open to supporting the prime minister's deal if it their suggested changes are included, The Sunday Times reported. rose 0.17% to C$1.3317 as the loonie was supported by gains in oil prices. The uptick in oil prices comes amid reports the United States and China could wrap up a trade deal as soon as this month, while signs that OEPC members remain loyal to the oil-production-cut accord also boosted sentiment. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Forex - Dollar Pares Losses Despite Fed Signaling Pause Will Continue - Investing.com Posted: 20 Feb 2019 12:00 AM PST © Reuters. Investing.com - The U.S. dollar pared some losses against a basket of major currencies Wednesday, even as the minutes from the Federal Reserve strengthened expectations the central bank will leave interest rates on hold this year. The , which measures the greenback's strength against a trade-weighted basket of six major currencies, fell 0.07% to 96.28, but remained above session lows of 96.12. Federal Reserve policymakers expressed a willingness to end its balance sheet unwinding program later this year and keep rate hikes on hold to get a better sense of the health of U.S. economy and the extent of deteriorating global growth, minutes published Wednesday showed. "Almost all participants thought that it would be desirable to announce before too long a plan to stop reducing the Federal Reserve's asset holdings later this year," the minutes showed. The Fed has been allowing as much as $50 billion a month of maturing securities to roll off its balance sheet, which peaked at roughly $4.5 trillion in Jan. 2015, but has now narrowed to about $4 trillion. In the run-up to the minutes, the dollar was kept in the red by a stronger pound, but gains were short lived as political turmoil in the U.K. and growing skepticism on the prospect of a breakthrough in Brexit talks weighed. fell 0.01% to $1.3062. U.K Prime Minister Theresa May was set to renew talks with EU Commission President Jean-Claude Juncker on Wednesday as she seeks changes to the Irish backstop included in the withdrawal agreement, which was voted down in the UK parliament last month. Without the changes needed to get the withdrawal deal through parliament before the March 29 deadline, Britain risks crashing out of the EU without a deal, which many say could usher in an era of stagnant economic growth or recession. Ahead of the talks, three lawmakers defected from the prime minister's ruling Conservative party seemingly over a lack of faith in May's ability to get any meaningful concession from eurocrats. rose 0.11% to $1.1353. rose 0.17% to Y110.80 and fell 0.36% to C$1.3158 as the latter pair was weighed down by rise in the loonie thanks to gains in oil prices. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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