Investing.com - The U.S. dollar fell to its lowest level in more than a year against a basket of the other major currencies on Friday, pressured lower by the stronger euro and persistent concerns over U.S. political uncertainty.
The GBPUSD had a very difficult week after promising the sky in the week before. Following the weak CPI and retail sales data from the US in the week before, we saw the pair shoot up through the 1.3030 region and have a look above the 1.31 region briefly that day. The traders and the … Continue reading
The U.S. Dollar hit its lowest level against a basket of currencies since August 2016 last week as a boatload of negative factors piled up against the Greenback, causing investors to lose confidence in the currency. September U.S. Dollar Index futures finished the week at 93.679, down 1.251 or -1.32%