US dollar is mostly higher today, getting a boost from economic expectations for the new year. Greenback is gaining against its European counterparts, even though it’s lost ground against the yen since trading at a five-year high earlier. Greenback is seeing a great deal of support right now. Earlier this week, the US Conference Board showed data indicating that consumers are feeling confident about […]
Read moreThe euro fell against the US dollar for during the first days of new year trading as the macroeconomic news favored dollar bulls. There was quite a few reports this week and only a minority of them turned out negative for the US economy. Initial jobless claims fell from 341k to 339k during the last week. The previous value was revised from a better reading of 338k, but it, nevertheless, was a positive news […]
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