Equityworld Futures - The US Dollar is moving very strongly when some positive US economic data released, fell back tip responds American trading session selling pressure is dominant on Wall Street stock exchange trading. US stocks fell by the attitude of the market that hold the funds awaits the inauguration of President-elect Donald Trump.
Before most of the economic data released overnight was expected to show the data that is worse, but once the data is an indicator of interest rate hikes was released precisely shows better data such as jobless claims data and Philly Fed manufacturing data also. The strength of the economic data and also the lifting of the US back in bond yields is not able to hold the attitude of market doubts the ability of US President-elect Trump after taking office on the last day of the week. Against rivals, the US dollar made a bearish momentum driving sentiment currencies become stronger competitors and boost their strength rebound as euro, sterling and yen. To aussie got a strong power of the movement of crude oil prices rose after the previous hit. The dollar index, which measures the strength of the US dollar against six major currencies in late trading after falling to 101.11 positions opened at 101.32. Though the US dollar had reached its highest position at 101.73 which is the highest position in the week after and then dropped again to lows at 100.97. read Bank Indonesia to hold interest rates | Equityworld Futures
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