Title : Mar 2 Forex Signals Results: 20 pips profit » Forex Signals, Trade
link : Mar 2 Forex Signals Results: 20 pips profit » Forex Signals, Trade
Mar 2 Forex Signals Results: 20 pips profit » Forex Signals, Trade
* Dollar turns track vs yen to sold lower
* Investors await Fed's Yellen congressional affidavit
* U.S. consumer inflation data due on Friday
* Graphic: World FX rates 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-pitched against a basket of major currencies on Tuesday ,
after U.S. President Donald Trump's eldest son released an email
chain quoting Russian support for "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 message
about Democratic competitive Hillary Clinton as part of Russian
government support, according to an email chain that he released
on Tuesday.[ nL1N1K209P ]
" At the very least, these kinds of headlines play up
concerns about dysfunction in Washington and the impotence of
this administration to pass any meaningful legislation ,
particularly related to fiscal stimulus ," articulated Omer Esiner ,
chief marketplace psychoanalyst at Commonwealth FX in Washington .
U.S. Senate Republican leader Mitch McConnell said here on
Tuesday that the Senate would vote on a legislation to roll back
Obamacare next week and then move on to other legislative
business.[ nW1N1HW027 ]
The dollar indicator <.DXY>, which tracks the greenback against
six major contenders, became 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 evidence before Congress on
Wednesday and U.S. customer inflation data related to Friday .
Meanwhile, Fed Governor Lael Brainard said the Fed should
soon begin reducing its balance sheet, as long as economic data
on U.S. jobs and rise harbours up. Once balance sheet reduction
is under way, she will assess inflation before deciding on
further interest rates rises, she told.[ nL1N1K10X8 ]
The greenback, which touched a four-month high-flown against the
Japanese yen earlier in its present session spurred by the recent rise
in U.S. government alliance yields, turned track to descent 0.16
percent to 113.85 yen. The euro rose to a 14 -month high 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 transmitted investors fleeing
kiwi resources .
Sterling fell to an eight-month low-spirited against the euro after
the Bank of England Deputy Governor Ben Broadbent declined to
back up recent suggestions from other policymakers at the central bank
that suggested it may be moving toward elevating interest rates .
[ nL4N1K240R ]