• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

Dollar strengthens vs. rivals ahead of U.S. data

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
33,364
Likes
49,420
#1
Dollar strengthens vs. rivals ahead of U.S. data
ForexFeb 12, 2016 05:32AM ET

© Reuters. Dollar gains ground vs. other majors, eyes on U.S. data

Investing.com - The dollar strengthened against the other major currencies on Friday, as investors awaited the release of U.S. data due later in the day for further indications on the strength of the economy amid growing uncertainty over U.S. rate hikes this year.

USD/JPY edged up 0.10% to 112.53, off Thursday’s 15-month trough of 110.98.

Sentiment slightly improved as oil prices rose after the United Arab Emirates energy minister said late Thursday that the OPEC was willing to talk with other exporters about cutting output. Crude oil futures for April delivery were still below $28 a barel in European morning hours.

The yen strengthened briefly overnight, sparking speculation that the Bank of Japan was checking currency rates, a step that often precedes intervention.

http://www.investing.com/news/forex-news/dollar-strengthens-vs.-rivals-ahead-of-u.s.-data-384419
 

the_shootist

I identify as vaccinated bitches!
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
57,558
Likes
109,197
Location
Earth
#2
Looking for another +$50 day for gold today. (Hey, I can hope, can't I?)