U.S. Dollar Comes Up Against Support,Euro Rally Could Be Short-Live

Companies:Dow Jones FXCM Dollar Index Topics:Currencies David Song,On Thursday July 21,2020,12:08 pm EDT

The Dow Jones-FXCM U.S. Dollar index tumbled to a fresh monthly low of 9457.89,and the reserve currency may struggle to hold its ground throughout the North American trade as investors raise their appetite for yields.

. . . →Read More:U.S. Dollar Comes Up Against Support,Euro Rally Could Be Short-Live

Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

The Australian dollar outperformed against its currency counterparts on Thursday as the economic docket reinforced an improved outlook for the region,while the Euro slipped to a low of 1.3165 as fears surrounding the European debt crisis continued to weigh on market sentiment.

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Daily Change . . . →Read More:Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

Dollar rebound continues as Irish woes shake euro

NEW YORK (AP) —The dollar rebound continued Tuesday,with the U.S. currency hitting a six-week high versus the euro,as a rescue plan for Ireland seemed increasingly likely.

Investors are afraid that the European country,like Greece in May,will need a costly aid package from its neighbors because of Ireland’s own bailout of . . . →Read More:Dollar rebound continues as Irish woes shake euro

Peru Sells U.S. Dollar Certificates After Copper,Gold Rebound Boosts Sol

Peru’s central bank sold certificates of deposit redeemable in U.S. dollars for the first time after rising copper and gold prices fueled demand for soles.

The sol strengthened 0.1 percent 2.7910 per U.S. dollar at 3:54 p.m. New York time,from 2.7950 yesterday. That’s the currency’s biggest gain in two weeks.

The central bank sold . . . →Read More:Peru Sells U.S. Dollar Certificates After Copper,Gold Rebound Boosts Sol

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