Title : Free forex trading signals daily Page 165
link : Free forex trading signals daily Page 165
Free forex trading signals daily Page 165
* Dollar turns course vs yen to sold lower
* Investors await Fed's Yellen congressional affidavit
* U.S. buyer 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 released an email
chain citing 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 info
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 relevant to fiscal stimulus ," articulated Omer Esiner ,
chief market analyst 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 parliamentary
business.[ nW1N1HW027 ]
The dollar indicator <.DXY>, which tracks the greenback against
six major competitives, turned negative on the working day to sold 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 affidavit 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. jobs and proliferation regards up. Formerly 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-pitched against the
Japanese yens earlier in the session spurred by the recent rise
in U.S. government bond yields, turned track to fall 0.16
percent to 113.85 yen. The euro rose to a 14 -month high-flown of
$1.1479.
The Canadian dollar stole against its U.S .
counterpart as merchants 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 prices and a disappointing
report on domestic debit card spending transmitted investors fleeing
kiwi resources .
Sterling fell to an eight-month low-pitched against the euro after
the Bank of England Deputy Governor Ben Broadbent declined to
back up recent clues from other policymakers at the central bank
that suggested it may be moving toward heightening interest rates .
[ nL4N1K240R ]