The dollar edged higher Thursday, extending its gains from earlier in the session and snapping a six-session losing streak against the euro after a spate of strong U.S. economic data.The ICE U.S. Dollar index DXY, +0.07% a measure of the dollar’s strength against a basket of six rival currencies, was up 0.44% to 96.6960 in recent trade. But it is still down 1.1% on a weekly basis.
The euro EURUSD, -0.0717% was worth $1.1145 Thursday afternoon in New York, down about 0.1% from $1.1156 late Wednesday, ending a streak of six straight sessions of gains against the dollar by the shared currency.
Meanwhile, the dollar USDJPY, +0.02% gained 0.1% against the Japanese yen to trade at ¥124.43, up from ¥124.25 late Wednesday.
Commodity-linked currencies like the Australian dollar AUDUSD, +0.2174% New Zealand dollar NZDUSD, -0.5631% and Brazilian real USDBRL, +0.0795% weakened against the dollar Thursday, as the price of crude oil, copper and other commodities declined.
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