Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Currencies  >  Euro / US Dollar (EUR/USD)    EURUSD   

Delayed Quote. Delayed  - 11/24 11:00:10 pm
1.1931 USD   +0.68%
11/03DJEUROPEAN MORNIN : Investors Await U.S. Jobs Data
10/24DJEUROPEAN MORNIN : Markets Subdued Ahead of Latest PMIs
10/18DJEUROPEAN MORNIN : Stocks Likely to Struggle Again
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

CURRENCIES : Dollar Edges Higher As Fed-heavy Week Kicks Off

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/26/2017 | 01:54pm CET

By Sara Sjolin, MarketWatch

Pound finds support after Conservative-DUP deal

The dollar inched higher in choppy Monday trade, rebounding from last week's losses, as traders geared up for a week full of Federal Reserve speakers.

The ICE Dollar Index was up 0.1% at 97.415, following three straight sessions of losses, according to FactSet data.

The euro fell to $1.1175 from $1.1193 late Friday in New York, failing to get a boost from German data that showed business sentiment hit a record in June. The Ifo business climate index rose to a higher-than-expected 115.1 points .

"While this morning's action in EUR/USD suggests that for now a lot of good news regarding the German economy may be in the price, there is still plenty of uncertainty over the outlook for Fed policy, which this week is likely to be impacted by data releases, U.S. politics and Fed speakers," said Jane Foley, senior FX strategist at Rabobank, in a note.

San Francisco Fed President John Williams said early Monday that gradual rate hikes are needed to avoid overheating the economy, while Fed Gov. Jerome Powell said he sees room to relax certain banking rules. On Tuesday, Fed Chairwoman Janet Yellen and Philadelphia Fed President Patrick Harker will speak in London, while Williams will give another speech in Australia.

In other currencies, the pound rose after U.K. Prime Minister Theresa May reached a deal with Northern Ireland's Democratic Unionist Party for its lawmakers to support the Conservative's minority government . Sterling bought $1.2732, up from $1.2718 late Friday in New York.

The yen dropped, with the dollar buying Yen111.66 compared with Yen111.29 on Friday.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EURO / US DOLLAR (EUR/USD)
11/03DJEUROPEAN MORNING BRIEFING : Investors Await U.S. Jobs Data
10/24DJEUROPEAN MORNING BRIEFING : Markets Subdued Ahead of Latest PMIs
10/18DJEUROPEAN MORNING BRIEFING : Stocks Likely to Struggle Again
10/17DJEUROPEAN MORNING BRIEFING : Stocks to Stall as Fresh Catalysts Eyed
10/10DJEUROPEAN MORNING BRIEFING : Wall Street Weakness to Dent Stocks
10/06DJEUROPEAN MORNING BRIEFING : Markets to Absorb Catalonia Deadlock
10/05DJEUROPEAN MORNING BRIEFING : Stocks to Lack Momentum as Spain Troubles Persist
10/04DJEUROPEAN MORNING BRIEFING : Mixed Start for Stocks; Dollar Rally Pauses
09/28DJEUROPE MARKETS : European Stocks Notch 2-month High, But Bank Stocks Pare Heftie..
09/27DJEUROPEAN MORNING BRIEFING : Hawkish Yellen Boosts Dollar, Euro Extends Losses
More news
Chart EURO / US DOLLAR (EUR/USD)
Duration : Period :
Euro / US Dollar (EUR/USD) Technical Analysis Chart | EURUSD | 4-Traders
Technical analysis trends EURO / US DOLLAR (EUR/USD)
Short TermMid-TermLong Term
TrendsBullishNeutralBullish