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

obama-netanyahu1

Video: The Leader of The Free World. Obama versus Netanyahu.

tmradminMar 6, 2015
theharvester_clintonemail.com

HACKER REVEALS HILLARY HAD MORE THAN ONE PRIVATE EMAIL

tmradminMar 5, 2015
Screen Shot 2015-03-05 at 7.33.06 PM

Trey Gowdy: Strengthening Our Interior Enforcement

Steve FoleyMar 5, 2015
_81369849_525e873b-8733-4f97-a36e-bb1f379dbbf8

FACT: Clinton’s Email Overture Insufficient and Insulting

Steve FoleyMar 5, 2015
bigstockphoto_health_care_reform_green_road__5632944

ICYMI: GOP’s Obamacare-Lite Needs to Die, Too

Steve FoleyMar 5, 2015
Democrats Reid _surgery_AP_660

Harry Reid + Jack Abramoff = Prison

Steve FoleyMar 5, 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