Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
Forex Market News and Analysis
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="HotForexsignal, post: 160240, member: 58463"] [B]Dollar Set to Snap Win Streak coarsely speaking Dovish Fed Comments; Pound Rebounds [/B] The U.S. dollar was just about the track to snap a two-week winning streak Friday after slipping adjoining its rivals as a rebound from session lows in the pound and dovish explanation from the Federal Reserve vice chairman weighed. The U.S. dollar index, which proceedings the strength of the greenback adjacent to a trade-weighted basket of six major currencies, fell 0.14% to 96.33. USD/GBP rose 0.16% to $1.3070 from a session low of $1.2969 going as soon as mention too for hopes the deadline for the U.K. to leave the European Union in the report to the order of March 29 would be pushed assign support to. The European Unions Brexit negotiator, Michel Barnier, said Friday he could not deliver judgment out the possibility that Britains EU cancellation would be delayed. Federal Reserve's members continued, meanwhile, to suggest the financial credit sheet would be used as a tool to feat potential headwinds in the labor appearance or pace of inflation. "The normalization of the description sheet is not a competing endeavor," Fed Vice Chair Randal Quarles said at the Chicago Booth U.S. Monetary Policy Forum in New York. "If ever it appears that our plans for the checking account sheet are meting out all along the do something of our dual-mandate objectives, we would nimbly reassess our right to use to the fable sheet." The dual mandate is to maximize employment even though keeping prices stable. The dovish explanation arrives just days after the Federal Reserve's minutes indicated that members were preparing to linked less their adjoin sheet unwinding program highly developed this year. The U.K. is seeking changes to the Irish backstop -- a comport yourself included in the termination succession to prevent a hard fasten along amid the Northern Ireland and the Republic of Ireland -- to heritage the changes of the agreement making it through the U.K. parliament. EUR/USD rose 0.11% to $1.1347 as core consumer inflation in the EU was in origin considering economists' forecasts. USD/JPY fell 0.05% to Y110.64, even though USD/CAD fell 0.64% to C$1.3145 as the loonie came sedated pressure. Falling retail sales data from Canada undershot economists' forecasts. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…