The Dollar gains ground against the Yen

The Dollar gains ground against the Yen

By: Oliver Miller | Where To Trade | On:Thursday, 22 December 2016
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   Where to Trade: Monetary conditions in China continue to tighten.

The Australian Dollar heads lower as Australia barely escaped a downgrade from the S&P 500. The AUD/USD pair closed at  0.7233 in the previous session.

The Great British Pound falls as Nicola Sturgeon threatened for another independence referendum. The GBP/USD pair closed at 1.2353.

The S&P 500 appreciates as the lagging stocks gain ground. The S&P 500 closed at 2,265.18 in previous trading.

The Dollar contracts against the Loonie as the US Core Durable Goods Orders are at 13:30 GMT. the CAD/USD pair closed at 1.3413.

The Euro remains supported against the Greenback as the US Unemployment Claims are at 13:30 GMT. The Euro-Dollar pair closed at 1.0427 in the previous trading session.

The Dollar gains ground against the Yen as the US Final GDP is due at 13:30 GMT. Meanwhile, the pair closed at 117.57 in the last trading session.

Video Summary:

  • China: Monetary conditions in China continue to tighten
  • Australia: Australia barely escaped a downgrade from the S&P 500
  • United Kingdom: Nicola Sturgeon threatened for another independence referendum
  • United States of America: US Core Durable Goods Orders are at 13:30 GMT
Oliver Miller

Oliver Miller

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Oliver Miller is one of the best financial analyst with 18 years of online trading experience

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