|Day's Range||1.226 - 1.233|
|52 Week Range||1.0570 - 1.2558|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the tenth anniversary of JPMorgan's announcement it would purchase Bear Stearns for $2 per share (eventually raised to $10 per share), with assistance from the New York Federal Reserve, which formed the Maiden Lane SIV to house $30 billion in risky assets—principally loans and mortgage backed securities, which BlackRock would eventually trade to a profit.
Investing.com - The dollar edged higher against a currency basket on Monday as markets awaited an upcoming Federal Reserve meeting where it is likely to hike interest rates and offer clues on the pace of monetary tightening for the remainder of this year.
Investing.com - The dollar ended the week slightly higher against a currency basket on Friday as upbeat U.S. data underlined the case for the Federal Reserve to raise interest rates at its upcoming meeting this week.
The Dollar/Yen was pressured last week by political uncertainty in U.S. President Donald Trump’s cabinet and renewed worries about trade wars.
The EUR/USD pair initially rally during the week but rolled over again to form a shooting star. We are currently trading in a very tight consolidated range from a longer-term standpoint, but we most certainly have plenty of supportive levels just below that could come into play.
Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending March 13 on Friday.
Investing.com – The dollar rose against a basket of major currencies as traders cheered mostly positive economic data and easing political turmoil in Washington.
The EUR/USD moved lower on Friday, hovering just below resistance, as Eurozone inflation moved lower, driving down the currency pair. The ECB’s Praet said he is no hurry to change guidance, which also weighed on the currency pair. During the week, softer than expected inflation figures were released for the United States, which shows inflation remains subdued helping to cap the value of the greenback.
Investing.com - The U.S. dollar remained broadly lower against other major currencies on Friday, after the release of downbeat U.S. housing sector data and as U.S. political turmoil continued to weigh.
Investing.com - The U.S. dollar continued to fall against other major currencies on Friday, pulling further away from a one-week high as news of additional personnel changes at the White House sparked fresh concerns over U.S. political turmoil.
Based on the early price action, the directio of the EUR/USD the rest of the session is likley to be determined by trader reaction to the downtrending Gann angle at 1.2326.
Investing.com - The U.S. dollar slipped lower against other major currencies on Friday, pulling away from a one-week high following news of potential personnel changes at the White House, sparking fresh concerns over U.S. political turmoil.
The pair drifted a little lower during the Thursday’s session reaching the 1.23 level which is a strong support level. If the pair breaks below further from here, then it will reach further lower towards the 100 level.
Investing.com – The dollar rose against a basket of major currencies Thursday as investors mulled over upbeat labor market and mixed regional manufacturing data while easing global trade war fears lifted sentiment.
The dollar continued to climb on Thursday, after data showed that U.S. import prices rose more than forecast in February. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.35% at 90.06 by 12:52 PM ET (16:52 GMT). The dollar was bolstered after the Labor Department reported that import prices rose 0.4% last month, compared to forecasts for a more modest increase of 0.3%.
Investing.com - The dollar pushed higher against a currency basket on Thursday, boosted by data showing that U.S. import prices rose more than forecast in February, fueling expectations for a pickup in inflation this year.
Investing.com - The U.S. dollar held steady near recent lows against other major currencies on Thursday, as U.S. political turmoil and concerns over a potential global trade war continued to weigh.
Based on the current price at 1.2341 and the earlier price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the 50% level at 1.2354.
Investing.com - The dollar was pinned near one-week lows against a basket of the other major currencies on Thursday as concerns over trade protectionism and political turmoil in Washington continued to weigh.
The broad markets produced caution on Wednesday as Wall Street lost moderately, but forex remained tranquil. Cryptocurrencies continue to trade in a negative sentiment.