US Dollar still on the downside | Forex Signals . The US dollar remained lower versus other major currencies after the release of downbeat reports from the U.S. dropped optimism over the strength of the economy with FxPremiere sending out Live Fx Signals for major pairs helping global traders for only £37 per month so why not subscribe for Forex Signal Subscription packages and open a forex account.
FxPremiere offer the Forex Learning Guides for all to see for Free. U.S. Dollar news posted weekly. The Federal Reserve of New York said its State manufacturing index dropped to -6.9 in October 2016 from -2 last month. Analysts had expected the index to rise to 1.11 this month with U.S. dollar news continuing.
U.S. Dollar – EUR/USD went higher to 0.24% to 1.1111, just off low of 1.0977 hit overnight.
USD/JPY eased 0.09% to 104.11, close to last week’s more than two month peak of 104.88.
Read our Live Forex News daily and keep up to date with relevant news affecting the Capital Markets. Other news today including manufacturing date movement of 6% forecasted change affecting the EUR/USD. Today’s Comdol pairs also followed on with EUR/USD and USD/CHF in opposite direction.
GBP/USD dropped yesterday and continues its descent coming almost 1:1 with the EURO.
The EURO today has started to rise with a possible level of 1.10331 as a target. US OIL is on it’s drop towards a preliminary target of 49.361. USD/JPY is also heading towards 103.692.