The Australian and the New Zealand dollars were in a state of fret and irritation on Monday
The Australian and the New Zealand dollars were in a state of fret and irritation on Monday near multi-month lows against the USD. The greenback remain supported by all the optimism in the U.S. economy regarding the upcoming U.S. rate hike.
AUD/USD was steady at 0.7337, getting off its five-month low of 0.7311 almost overnight.
As expectation of president Donald-Trump to cut taxes and ramp up fiscal spending were hovering over the economy, the dollar remained supported by the idea of a future economic growth.
The U.S. dollar has been boosted by an idea of a future rose of interest rates in the month of December.
As Fed Chair Janed Yellen said on Thursday that a rate hike will come appropriate very soon, a a grow in the inflation will be actually faster than expected.
The NZD/USD remained almost unchanged at 0.7010, hitting flat earlier in the day at 0.6985.
The U.S. dollar index was down 0.13%, after hitting a 14-years peak on Friday.
On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy
The gold prices dropped below $1.200
Taking into account today’s volatile economy GTCM endeavors to provide its clients with a secure trading environment and strong financial services. We aim to establish a strong relationship with our customers by providing them with ease, transparency and accountability on all their account activities
Banc De Binary is home to the 21st century investor. Founded in the wake of the 2008 financial crisis, we set out to provide the simplest, most profitable trading solutions, and have built a following among customers in over 80 countries worldwide. Today, we provide access to the financial markets via our online binary options platform to 250,000 account holders. As a World Finance listed company and multi award-winning firm, we are proud to be able to guarantee a safe and risk-controlled environment for all our valued clients.
HY Markets is a market leader in providing retail and institutional investors with access to foreign exchange and other capital markets. With HY Markets you can trade forex, metals such as gold and silver, energy products such as US oil and natural gas, commodities, indices as well as stocks, all from a single integrated account.
Ikon Markets are an online trading service provider affiliated to the Ikon Group, an acclaimed global network for online financial trading. Prior to the introduction of our online segment. We, at Ikon, have had many years of experience in providing financial trading services to institutional investors, such as banks, large financial institutions and mutual fund companies.