Title : Free forex trading signals daily Page 159
link : Free forex trading signals daily Page 159
Free forex trading signals daily Page 159
* Dollar overrules course vs yen to sold lower
* Investors await Fed's Yellen congressional affidavit
* U.S. shopper inflation data due on Friday
* Graphic: World FX frequencies 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-spirited against a basket of major currencies on Tuesday ,
after U.S. President Donald Trump's eldest son liberated an email
chain citing Russian support for his father before last year's
U.S. election .
Donald Trump Jr. was told a Russian lawyer was offering
his father's presidential campaign incriminating info
about Democratic rival Hillary Clinton as part of Russian
government support, according to an email chain that he liberated
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 ," replied Omer Esiner ,
chief sell psychoanalyst at Commonwealth FX in Washington .
U.S. Senate Republican leader Mitch McConnell said on
Tuesday that the Senate would vote on a legislation 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 contenders, made negative on the day to trade down 0.28
percent at 95.751, after reaching 95.651, its lowest since July
3 .
Investors are waiting for U.S. Federal Reserve Chair Janet
Yellen's semiannual monetary policy witnes before Congress on
Wednesday and U.S. consumer inflation data on Friday .
Meanwhile, Fed Governor Lael Brainard said the Fed should
soon begin reducing its balance sheet, as long as economic data
on U.S. employment creation and proliferation harbours up. Formerly balance sheet reduction
is under way, she will assess inflation before deciding on
further interest rates rises, she spoke.[ nL1N1K10X8 ]
The greenback, which touched a four-month high-priced against the
Japanese yen earlier in the session stimulated by the recent rise
in U.S. government bond harvests, overruled course to drop 0.16
percent to 113.85 yen. The euro rose to a 14 -month high-priced 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 costs and a disappointing
report on domestic credit card spending transported investors fleeing
kiwi resources .
Sterling fell to an eight-month low-grade against the euro after
the Bank of England Deputy Governor Ben Broadbent declined to
back up recent intimates from other policymakers at the central bank
that suggested it may be moving toward developing interest rates .
[ nL4N1K240R ]