Day: December 21, 2016

December 21
2016

US Dollar’s Advance Eases Ahead of Christmas Holiday

The US dollar edged lower against its major peers on Wednesday to give up some of the gains it made since Donald Trump’s win in the US presidential election. Trading volumes thinned as currency traders reduced their positions prior the Christmas holiday. Trump’s victory, which was expected to hurt the US currency, was the triggering event for a strong surge in the dollar’s exchange rate against all of its major peers since […]

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December 21
2016

US Dollar’s Advance Eases Ahead of Christmas Holiday

The US dollar edged lower against its major peers on Wednesday to give up some of the gains it made since Donald Trump’s win in the US presidential election. Trading volumes thinned as currency traders reduced their positions prior the Christmas holiday. Trump’s victory, which was expected to hurt the US currency, was the triggering event for a strong surge in the dollar’s exchange rate against all of its major peers since […]

Read more