Home Uncategorized Dollar Slides Further, Sheds 0.37%

Dollar Slides Further, Sheds 0.37%

Dollar

 

The United States of America dollar, on Friday, June 23, sustained plunged from its earlier decline against the yen as data showed sales of U.S. new homes in May came in stronger than expected in May.

At 10:14 a.m. (1414 GMT), the greenback was down 0.04 percent at 111.29 yen JPY=, while the euro EUR= hovered near its session high against the dollar at $1.1189, up 0.3 percent from late on Thursday, according to Reuters data.

The dollar index .DXY fell 0.37 percent, with the euro EUR= up 0.44 percent to $1.1199.

The dollar fell against a basket of major currencies as preliminary data on U.S. factory and services activities in June fell short of analyst forecasts, stoking doubts about U.S. economic growth for the rest of 2017.

 

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.