Forex News 24
  • RSS

news

U.S. Dollar Little Changed After Economic Data

U.S. Dollar Little Changed After Economic Data
админ
13/04/2018

dollar 2 300x169 - U.S. Dollar Little Changed After Economic Data

The dollar struggled for direction on Friday, unmoved by economic data as trade uncertainty and Middle East tensions stayed in the back of investors minds.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.03% to 89.52 by 10:59 AM ET (14:59 GMT).

The dollar was little moved after economic data showed U.S. job openings had fallen slightly in February. The monthly Job Openings and Labor Turnover Survey, or JOLTS showed that job openings fell by 176,00 to 6.052 million.

A separate report showed that U.S. consumer sentiment eased from a 14-year high on trade concerns.

U.S. President Donald Trump said late on Thursday that he would only consider joining the Trans-Pacific Partnership trade agreement if it was a “substantially better” deal than under former President Barack Obama. Trump had previously announced that he was pull out of the landmark trade agreement.

Meanwhile, Middle East tensions remained, as Trump and his national security aides discussed U.S. option in Syria on Thursday, but he cast doubts by tweeting that an attack on Syria “could be very soon or not so soon at all.”

The dollar gained ground against the yen, with USD/JPY rising 0.29% to 107.61. The safe haven yen is often sought out by investors in time of market turmoil and political tensions.

The euro eased back from earlier gains, with EUR/USD down 0.02% to 1.2325. Meanwhile, the pound was higher against the U.S. currency, with GBP/USD up 0.15% to 1.4249. The U.K. and European Union will begin trade talks next week on how trade will work after Brexit, diplomats said on Thursday.

The Australian dollar was higher, with AUD/USD up 0.30% to 0.7776 while NZD/USD decreased 0.19% to 0.7360.

In Canada, the loonie fell, with USD/CAD rising 0.12% to 1.2602.

Source

Related ItemsAustralian dollarBrexitcurrencydollar indexeconomicEUReuroforexGBPmajor currenciesmarketsecuritySyriatradeTrumpU.S. dollarU.S. dollar index

Leave a Reply

Cancel reply

Your email address will not be published. Required fields are marked *

Anti-spam: complete the taskWordPress CAPTCHA


news
13/04/2018
админ
Related ItemsAustralian dollarBrexitcurrencydollar indexeconomicEUReuroforexGBPmajor currenciesmarketsecuritySyriatradeTrumpU.S. dollarU.S. dollar index

More in news

273116ff712463a8fe797bc26d4bddd2 400x240 - Major policy change for the FED

Major policy change for the FED

админ30/08/2020
Read More
5ecd652efa96beb5e9daab8a81713e20 400x240 - Powell expected to preview Fed’s policy framework

Powell expected to preview Fed’s policy framework

админ27/08/2020
Read More
1cfd53e4dc84605be8f34b32e1fc08ff 400x208 - European markets look defensive

European markets look defensive

админ26/08/2020
Read More
Scroll for more
Tap

Last news

  • 273116ff712463a8fe797bc26d4bddd2 95x60 - Major policy change for the FED
    Major policy change for the FED
    news30/08/2020
  • 5ecd652efa96beb5e9daab8a81713e20 95x60 - Powell expected to preview Fed’s policy framework
    Powell expected to preview Fed’s policy framework
    news27/08/2020
  • 1cfd53e4dc84605be8f34b32e1fc08ff 95x60 - European markets look defensive
    European markets look defensive
    news26/08/2020
  • cbda506728f805be55e3597fd478b623 95x60 - Another record-setting session for U.S. stocks futures
    Another record-setting session for U.S. stocks futures
    news25/08/2020
  • 3c51d052540d35f9b8497fc0b1942d58 95x60 - $50M worth of cryptos or more left China
    $50M worth of cryptos or more left China
    news23/08/2020

Tags

american Asia Bitcoin China cryptocurrency currency Dollar dollar index economic Economists EUR euro Fed Federal Reserve forex futures GBP GDP Germany Index inflation interest rate interest rates Japan losses lost market markets monetary policy Oil price prices rate rates retail rise risk sales trade trade war trading Trump UK United States US

Copyright © 2019 Forex News 24, all rights reserved.

Bitcoin Holds Above $8K After Strong Rally
Gold Pauses After Plunge, Consumer Confidence Ahead