Title : Free forex trading signals daily Page 99
link : Free forex trading signals daily Page 99
Free forex trading signals daily Page 99
* Dollar overrules course vs yen to sold lower
* Investors await Fed's Yellen congressional evidence
* U.S. buyer inflation data due on Friday
* Graphic: World FX proportions in 2017 http :// tmsnrt.rs/ 2egbfVh
( Updates throughout )
By Saqib Iqbal AhmedNEW YORK, July 11( Reuters)- The dollar fell to a more than
one-week low-grade against a basket of major currencies on Tuesday ,
after U.S. President Donald Trump's eldest son released an email
chain quoting Russian is supportive of "his fathers" before last year's
U.S. election .
Donald Trump Jr. was told a Russian attorney was offering
his father's presidential campaign incriminating information
about Democratic competitive Hillary Clinton as part of Russian
government support, according to an email chain that he released
on Tuesday.[ nL1N1K209P ]
" At the least, these types of headlines play up
concerns about dysfunction in Washington and the inability of
this administration to pass any meaningful legislation ,
particularly related to fiscal stimulus ," articulated Omer Esiner ,
chief sell analyst at Commonwealth FX in Washington .
U.S. Senate Republican leader Mitch McConnell said on
Tuesday that the Senate would vote on a bill to roll back
Obamacare next week and then move on to other parliamentary
business.[ nW1N1HW027 ]
The dollar index <.DXY>, which tracks the greenback against
six major challengers, made negative on the working day to sold down 0.28
percent at 95.751, after making 95.651, its lowest since July
3 .
Investors are waiting for U.S. Federal Reserve Chair Janet
Yellen's semiannual monetary policy testimony before Congress on
Wednesday and U.S. customer inflation data on Friday .
Meanwhile, Fed Governor Lael Brainard said the Fed should
soon begin reducing its balance sheet, as long as financial data
on U.S. employment creation and growth holds up. Formerly balance sheet reduction
is under way, she will assess inflation before deciding on
further interest rates rises, she suggested.[ nL1N1K10X8 ]
The greenback, which touched a four-month high against the
Japanese yen earlier in the session stimulation by the recent rise
in U.S. government attachment crops, overruled direction to descent 0.16
percent to 113.85 yens. The euro rose to a 14 -month high-pitched of
$1.1479.
The Canadian dollar stole against its U.S .
counterpart as traders awaited an interest rate hike decision by
the Bank of Canada on Wednesday.[ nL1N1K20F4 ]
The greenback gained against the New Zealand dollar
as rising U.S. yields, soft merchandise rates and a disappointing
report on domestic debit card spend sent investors fleeing
kiwi resources .
Sterling fell to an eight-month low against the euro after
the Bank of England Deputy Governor Ben Broadbent decreased to
back up recent hints from other policymakers at the central bank
that suggested it may be moving toward growing interest rates .
[ nL4N1K240R ]