Home Currency U.S. Dollar Is Losing Some Ground After PPI Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Currency

U.S. Dollar Is Losing Some Ground After PPI Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Share


Today, traders also had a chance to take a look at the Initial Jobless Claims report. The report showed that 209,000 Americans filed for unemployment benefits in a week, compared to analyst forecast of 202,000.

In case U.S. Dollar Index manages to settle above the 100.00 level, it will head towards the next resistance level, which is located in the 100.50 – 100.65 range.

EUR/USD Moved Higher As Euro Area Industrial Production Beat Estimates



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Current refi mortgage rates report for July 24, 2026

The current average refinance rate on a 30-year, fixed-rate home loan is 6.834%, according to Mortgage Research Center data. If you’re a homeowner...

Nirmala Sitharaman meets Indonesian Vice Minister of Finance Juda Agung; Discusses financial sector ties and local currency transactions

New Delhi [India], August 13 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman met Vice Minister of Finance of Indonesia Juda...

Related Articles

Dollar/Yen Panic: Another Reminder That ‘Stablecoins’ Are Anything But

Electronic boards display the foreign exchange rate of the Japanese yen against...

What Japan Just Taught Us About Trusting a Fiat Currency

Picture two Japanese savers 10 years ago. Both had money set aside....

British Pound recovers early losses against US Dollar, US PPI data eyed

The British Pound (GBP) claws back its early losses against the US...

What Japan Just Taught Us About Trusting a Fiat Currency

Picture two Japanese savers 10 years ago. Both had money set aside....