Title : Free forex trading signals daily Page 117
link : Free forex trading signals daily Page 117
Free forex trading signals daily Page 117
* Dollar alters course vs yen to sold lower
* Investors await Fed's Yellen congressional evidence
* 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 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 prosecutor 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 liberated
on Tuesday.[ nL1N1K209P ]
" At the very least, these types of headlines play up
concerns about dysfunction in Washington and the incapacity of
this administration to pass any meaningful legislation ,
particularly relevant to fiscal stimulus ," said Omer Esiner ,
chief market 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 competitors, made negative on the day to trade 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. buyer inflation data related to 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 comprises up. Formerly balance sheet reduction
is under way, she will assess inflation before deciding on
further interest rates rises, she supposed.[ nL1N1K10X8 ]
The greenback, which touched a four-month high-flown against the
Japanese yens earlier in its present session stimulation by the recent rise
in U.S. government bond harvests, overruled course to descent 0.16
percent to 113.85 yens. The euro rose to a 14 -month high of
$1.1479.
The Canadian dollar slipped 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. crops, soft merchandise rates and a disappointing
report on domestic credit card expend transported investors fleeing
kiwi resources .
Sterling fell to an eight-month low-spirited 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 ]