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        The dollar fell after the United States released strong data, the dollar rally c


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The dollar fell on Tuesday, after consolidating positions in most major currencies after a 24-hour roller-coaster ride that traders said could be a rehearsal of a risky three-week rehearsal, including the Federal Reserve Board (FED / Of the December monetary policy meeting.

The dollar was stronger across the board after a stronger-than-expected third-quarter gross domestic product (GDP) data, with the safe-haven yen gaining more than 1.2% after the dollar took most of the day's gains.

Even data showing US consumer confidence rose to its highest level since July 2007 failed to discourage investors from selling the dollar, as the dollar's rally seems to have dried up.

"When the GDP report failed to drive the dollar higher, despite the Fed's rate hike next month, the rationale, but traders took the opportunity to vote on the dollar in the US election up to two weeks after the profit-taking profit." WorldWide Markets Chief Marketing Strategy Teacher Joseph Trevisani said.

The dollar index hit a nearly 14-year high of 102.050 on Thursday, after falling profit-taking and oil-price worries and continuing its slide this week.

Tuesday the dollar index fell 0.35 percent, to 100.980.

The dollar was up 0.4 percent against the yen at 112.40 yen and the euro was up 0.25 percent at $ 1.0645.

Marc Chandler, chief global currency strategist at Brown Brothers Harriman & Co, said the dollar's decline since last Thursday appeared to be more consolidation, not correction, reflecting the market's potential. The market is still expected to be elected President Trump government will take large-scale fiscal stimulus measures, and the Fed to raise interest rates.


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