01-01-1970 12:00 AM | Source: GEPLCapital Ltd
The Dollar Index, which tracks the greenback against a basket of six other currencies - GEPLCapital
News By Tags | #2767 #57

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

News / Other data

* The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing expectations of smaller interest rate increases from the Federal Reserve and improving investors' risk appetite.

* Iran's currency hovered near a historic low against the U.S. dollar on the unofficial foreign exchange market on Friday amid renewed street protests in the restive southeast, where a prominent dissident Sunni Muslim cleric denounced a bloody crackdown on street demonstrations.

* Withdrawing cash to pay for wine at Zagreb's Christmas Market is no easy task as the country readies to introduce the euro on Jan. 1, including preparing ATM cash machines by leaving only a third of them able to dispense the national kuna currency.

* The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.2% to 103.877.

* The Russian rouble weakened in early trade on Friday, cutting short a slight recovery in the previous session as fears over oil and gas sanctions unnerved markets, though it got some support from a month-end tax period.

* The U.S. dollar rose against most major peers on Thursday after U.S. data pointed to labor market strength that could keep the Federal Reserve hawkish for longer.

 

Data inference

* No Major Event.

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://web.geplcapital.com/term-disclaimer
SEBI Registration number is INH000000081

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer