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US Dollar Rises Globally Ahead of Economic Data

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US Dollar Rises Globally Ahead of Economic Data Empty US Dollar Rises Globally Ahead of Economic Data

Post by rocky on Tue 13 Aug 2019, 6:40 am

US Dollar Rises Globally Ahead of Economic Data
US Dollar Rises Globally Ahead of Economic Data 640

 13 August 2019 12:54 PM
Direct : The US dollar rose against a basket of major currencies on Tuesday, ahead of economic data and political and economic concerns.
Investors are watching the economic and political developments with the unrest in Hong Kong and the record fall of the Argentine currency with preliminary results in the presidential election.
Investors are awaiting trade developments between the United States and China, with President Donald Trump saying he is unwilling to conclude a trade deal with Beijing.
US inflation data is due to be released later in the day.
Economic data revealed that the US budget deficit widened to about $ 120 billion during the month of July
By 9:35 pm GMT, the dollar was up against the euro by about 0.1 percent to $ 1.1200, while against the yen it fell by about 0.1 percent to 105.19 yen.
The greenback was up against the pound by about 0.08 percent to $ 1.2066, while it was steady against the Swiss franc at 0.9696 francs.
During the same period, the dollar index, which tracks the performance of the currency against six major currencies, rose 0.1 percent to 97.520.


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    Current date/time is Mon 19 Aug 2019, 1:32 am