The US dollar continues to trend lower against European currencies

The US dollar continues to trend lower against European currencies

MRdollar

European Currencies Rally, Dollar-Bloc Heavy

This week’s pattern remainsintact.  The US dollar continues to trend lower against the European
currencies, but is firmer within the dollar-bloc and against the yen.
Spanish and Italian bond yields are lower, while the long-end of the
Japanese curve is heavy.  Equity markets are finishing the year with a
firm note, with board gains in Asian, with the notable exception of
Shanghai and Jakarta, and in Europe, with the exception of Stockholm.

 

Theeuro is at 7-month highs today, pushing toward $1.3300. The next target
is near $1.3385.    Sterling has been bid to near the year’s high set
in late September just above $1.6300. There is little chart resistance
until closer to $1.6500.   The dollar’s slide against the Swiss franc
has extended to CHF0.91 and appears headed for CHF0.9000.

 

The dollar-bloc is not participating in this move against the greenback.
This week, for example, the New Zealand dollar has fallen as almost as
much as the yen (1.03% and 1.08% respectively).  The Australian and
Canadian dollars are off 0.04% and 0.57% respectively.

More

 

Get Free Email Updates!

Signup Now to Receive Updates and Alerts!

We will never give away, trade or sell your email address. You can unsubscribe at any time.

@https://twitter.com/candicelanier

Candice writes for several publications, including The Christian Post, Red State, The Black Sphere and Patriot Update. She is the Science & Tech Editor at the Minority Report Blog and the founder and Editor-in-Chief at Front Lines. She's also the founder of Candice Lanier's Tech News and works as a computer consultant. Additionally, Candice is an antiques dealer.

More in

15-0331 Illegal Aliens

Congressman Schools Illegals on How to Stay Here

Michael BeckerMar 31, 2015
meggido

The Coming of Tel Meggido

Frank McHaleMar 31, 2015
646

DARPA wants an army of drones to overwhelm the enemy

Candice LanierMar 31, 2015
15-0331 Obama Intel

Intelligence Chief Calls Obama “Ignorant”

Michael BeckerMar 31, 2015
unnamed

Obamacare Needs More than Just a Court Fix

Steve FoleyMar 31, 2015
20E537C400000578-0-image-a-46_1426971688749

ISIS: The Fourth Reich

Steve FoleyMar 31, 2015

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States. In 2014 the network had over 20 million page views!

On this site you'll find posts & links to some of the best and most comprehensive center-right news and opinion on the net...

December 2012
M T W T F S S
« Nov   Jan »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Archives

Copyright © 2014 The Minority Report Network