Forex – dollar index at 15-month lows after jackson hole speeches by investing.com fx rate gbp usd

.

Investing.com – The dollar was hovering at 15-month lows against the other major currencies on Monday, as comments by Federal Reserve Chair Janet Yellen at Jackson Hole disappointed investors and as the euro remained broadly supported.

The greenback weakened broadly after a speech by Fed Chair Yellen at the Jackson Hole economic symposium made no reference to monetary policy, disappointing some investors who had hoped she would adopt a hawkish tone.

The dollar has been under strong selling pressure this year amid ongoing uncertainty over the economic agenda of U.S convert usd to hkd. President Donald Trump and doubts that the Fed will deliver a third rate hike this year.

EUR/USD was steady at a fresh two-and-a-half year high of 1.1931 after European Central Bank President Mario Draghi at Jackson Hole avoided giving any new indication as to when the bank might wind down its stimulus program, but acknowledged that the recovery in the euro area is gaining momentum.


Elsewhere, GBP/USD edged up 0.22% to 1.2907, although investors remained cautious as a third round of Article 50 negotiations between the UK and European Union was set to begin in Brussels later Monday.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.11% at fresh 15-month trough of 92.37 by 05:20 a.m call option put option. ET (09:20 GMT).

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other meaning of futures and options in stock market. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

• Don’t Monopolize the Conversation usd graduate programs. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts dollar to euro chart. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended euro to usd exchange rate forecast. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate futures market size. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes exchange rate euro to us dollar today. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website binary to text translator. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible python append. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.


banner