Wednesday, 13 May 2015

Dollar weakens as Treasury yields finish lower

The dollar traded lower against most of its rivals Tuesday after two sessions of marginal gains, as Treasury yields turned lower and a Greek debt payment to the International Monetary Fund supported the euro.

The shared currency EURUSD, +0.2229%  climbed to $1.1219, up from $1.1156 late Monday. The gain came as eurozone bond yields crept higher.

The ICE dollar index DXY, -0.12% a measure of the dollar’s strength against a basket of six rivals, was down 0.6% to 94.40.

The dollar USDJPY, +0.05%  weakened to ¥119.90, from ¥120.08 Monday; the pound GBPUSD, +0.0415%  climbed to $1.5671 from $1.5588, continuing to build on gains that followed the U.K.’s general election Thursday; the Australian dollar AUDUSD, +0.0627%  strengthened to 79.79 cents, compared with 78.95 cents; and the Canadian dollar CADUSD, -0.0083%  strengthened to 83.30 cents, compared with 82.66 cents.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my

No comments:

Post a Comment