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Day: August 21, 2017
August 212017
US Dollar Edges Lower as Political Tensions Reduce Appetite for Risk
The US dollar moved lower against the euro on Monday amidst light trading, as tradersâ appetite for the greenback weakened due to growing political tensions in the United States. The US currency also dropped against Canadaâs dollar, despite lower Canadian wholesale sales than expected in June. Last Friday, a White House spokeswoman announced that Chief Strategist Stephen Bannon is leaving his position after months of clashing with other […]
Read more
August 212017
US Dollar Edges Lower as Political Tensions Reduce Appetite for Risk
The US dollar moved lower against the euro on Monday amidst light trading, as tradersâ appetite for the greenback weakened due to growing political tensions in the United States. The US currency also dropped against Canadaâs dollar, despite lower Canadian wholesale sales than expected in June. Last Friday, a White House spokeswoman announced that Chief Strategist Stephen Bannon is leaving his position after months of clashing with other […]
Read more
August 212017
Great Britain Pound Mixed as Brexit Continues to Weigh
The Great Britain pound was mixed today as uncertainty associated with the Brexit continued to weigh on the currency. The European Union was complaining that during the Brexit negotiations Britain did not have a clear stance on many issues. As if to deflect such criticism, today the UK government released several papers detailing its view on various matters that should be negotiated with the EU. Still, concern remains that talks […]
Read more
August 212017
Great Britain Pound Mixed as Brexit Continues to Weigh
The Great Britain pound was mixed today as uncertainty associated with the Brexit continued to weigh on the currency. The European Union was complaining that during the Brexit negotiations Britain did not have a clear stance on many issues. As if to deflect such criticism, today the UK government released several papers detailing its view on various matters that should be negotiated with the EU. Still, concern remains that talks […]
Read more
August 212017
Yen Gains During Quiet Monday’s Trading
The Japanese yen gained today amid quiet trading as geopolitical risks made investors stick to the safety of the currency. Tensions between US and North Korea continued to cause concerns on markets, though without major developments in the situation speculators paid somewhat less attention to it. Political turmoil in the United States, though, was still in the focus as Trump’s chief strategist Steve Bannon quit the office. Meanwhile, last week’s terrorist attack in Barcelona, […]
Read more
August 212017
Yen Gains During Quiet Monday’s Trading
The Japanese yen gained today amid quiet trading as geopolitical risks made investors stick to the safety of the currency. Tensions between US and North Korea continued to cause concerns on markets, though without major developments in the situation speculators paid somewhat less attention to it. Political turmoil in the United States, though, was still in the focus as Trump’s chief strategist Steve Bannon quit the office. Meanwhile, last week’s terrorist attack in Barcelona, […]
Read more