US Dollar

US Dollar Edges Lower; U.S. Economic Stats FxPremiere.com -- Telegram Forex Signals - The US dollar edged lower Tuesday in tight trading ranges, with traders reluctant to take strong positions ahead of the release of key U.S. employment data at the end of the week. US Dollar Edges Lower U.S. Economic Stats At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded marginally lower at 92.028. US Dollar Edges Lower U.S. Economic Stats FX SIGNALS USD/JPY dropped 0.1% to 109.14, near to the mid-July low of 109.07, GBP/USD gained 0.1% to 1.3891 and EUR/USD traded 0.1% higher at 1.1875. US Dollar Edges Lower; U.S. Economic Stats Dollar Up From Five Month Low The dollar has trended lower since Federal Reserve Chairman Jerome Powell indicated last week that interest rate increases were still a long way away, falling to a low of 91.775 on Friday, the weakest since June 28. US Dollar Edges Lower; U.S. Economic Stats Telegram Forex Signals Dollar Edges Lower Brexit An Institute for Supply Management report on Monday showed July U.S. manufacturing growth slowed for the second straight month, a release that played into Powell’s belief that more economic progress was needed before the central bank started tapering its huge bond-buying program. Consumer Sentiment COVID19 But all eyes will be on Friday’s official jobs report which will provide some indications of how sustained the U.S. recovery has been in July. Economists are looking for an increase of 900,000 jobs, which would be the biggest increase for 11 months. Elsewhere, AUD/USD rose 0.5% to 0.7399 after the Reserve Bank of Australia surprised the market by keeping to its plan to taper its bond purchases even with Covid-related lockdowns in a number of cities likely to derail the country’s economic recovery. Dollar EUR Loonie in Focus Many traders had expected the central bank to reverse its tapering plan given the new wave of Covid-19 cases, but this move shows an underlying confidence that the economy will bounce back quickly once restrictions are removed. Forex Signals – Pound to US Dollar Exchange Struggle USD/TRY rose 0.3% to 8.3680 ahead of the release of the latest Turkish inflation data, which could influence the interest rate decisions of the central bank. Inflation is likely to climb to an annual 18.6% in July, up from 17.5% in June, according to a survey of analysts by Bloomberg, which would likely reduce the chances of an interest-rate cut in the near future. US Dollar Edges Lower; U.S. Economic Stats US Dollar Edges Lower; U.S. Economic Stats Forex Signals Forex Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets. URL FxPremiere.com was Founded in 2010. Since then has grown with over 23,000 live subscribers globally. Daily Trading Alerts are sent by our VPS Networks worldwide via Telegram. Subscribe to our Signals and start receiving Forex Day Trading Signals from the very next trade! Forex Signals Learning Guides below with guide you with every trade you make! The fundamental forex strategies The technical forex strategies The popular forex strategies In the forex strategies articles FxPremiere Group has helped over 5,000 Forex Affiliates earn up to $800 CPA on referrals and has grown immense revenue streams for online affiliates. US Dollar Edges Lower U.S. Economic Stats Trading Forex has never been easy. The World of Forex Trading is growing day by day and its crucial to keep up to date with trends and market analysis. FX Signals The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more... Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners.With our free forex learning guides you will be able to educate yourselves with the most up to date forex basics required in order to enter the Capital Markets. FxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms. Free Forex Signals Telegram Channel | FX Signals Daily | Forex News Today| Forex Signals APP| Open Forex Account | Compare Forex Brokers | Forex Affiliates | Telegram Copy Trading | Best FX Indicator Home Live Forex News US Dollar Edges Lower; U.S. Economic Stats