The dollar finished Thursday’s session lower, erasing gains that followed a strong jobless-claims report, as falling commodity prices rattled stocks and pushed Treasury yields lower.But the dollar remained in a narrow range against the euro, yen and several other rivals that has held for most of the week. The ICE U.S. Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, remains up about 7.6% since the beginning of the year—little-changed from its level on Monday.
The index DXY, +0.12% finished the session down 0.5% to 97.1550.
The euro EURUSD, -0.1275% broke below $1.10 after the data, but recently traded at $1.0990. It traded at $1.0926 late Wednesday in New York.
The dollar USDJPY, +0.00% experienced a brief boost against the Japanese currency after the International Monetary Fund said Japan’s debt burden is unsustainable. It briefly broke above 124 yen, but finished the session at ¥123.86, compared with ¥124.02 late Wednesday in New York.
The pound GBPUSD, -0.0129% traded at $1.5517, from $1.5617 late Wednesday in New York.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment