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EURUSD May Fall US Consumer Confidence, German GDP Data
Trump says China trade deal coming, Beijing calls for resolution of dispute
By Jeff Mason and Yawen Chen BIARRITZ, France/BEIJING (Reuters) – U.S. President Donald Trump on Monday predicted a trade deal with China after positive gestures by Beijing, calming global markets that have been roiled by new tariffs from the world’s two largest...
The dollar dropped to a three-week low in choppy trading on Friday,
NEW YORK (Reuters) – The dollar dropped to a three-week low in choppy trading on Friday, as investor concerns about recession outweighed inflation worries, for now, amid a mixed batch of economic data. There was also a lot of month-end position-squaring, analysts...
Dollar Down on View Fed to Slow Hikes
The dollar was down on Friday morning in Asia as investors bet on slower hikes from the U.S. Federal Reserve. The U.S. Dollar Index that tracks the greenback against a basket of other currencies fell 0.37% to 105.95 by 1:03 AM ET (5:03 AM GMT). “Lower yields and...
Euro Gains Against Dollar as Fresh Eurozone Economic Data Looms
The euro inched higher against the dollar on Friday, with investors weighing key European economic data as well as the implications of contracting U.S. growth and Federal Reserve interest rate hikes. At 02:52 EST (0652 GMT), the EUR/USD was trading up by 0.40% at...