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After the quarterly rate decision was announced the dollar surged strongly against most currencies. The foreign exchange market was extremely active afterwards. Filed unemployment claims fell below last months figure of ,, down to , It also beat the forecasts which were at , Once again this is strong data for the US dollar. Euro on the Move After French Election Result Digests Euro has weakened across the board in the early trading session across Asia and Europe, with the expectant result of the French elections now selling on the news.
Whilst many see this result as a positive for the single currency, it seems the result was priced in after opinion polls late last week suggested which way the vote would go. The US Dollar is strengthening with anticipation of a June rate increase, after string job numbers on Friday. At the start of the US session, the British pound declined sharply against the Euro to The Swiss Franc gained modestly against the euro at 1. Several leaders of the European Central Bank There is a strong sense of anxiety around the markets today, not only in Foreign Exchange but also stocks and commodities.
It seems that a rate The exchange rate moved up to 1. The US dollar is currently under strong pressure against major currencies like the euro and a continuation of the upward trend cannot be achieved only through excellent job figures. Investors may see good numbers of non-agricultural jobs as a positive sign Latest Currency and Forex News.
The US dollar held strong in the early European session. Euro has weakened across the board in the early trading session across Asia and Europe, with the expectant result of the French elections now selling on the news. The Euro is gaining ground versus the US dollar during the morning sessions in Europe. What Makes Currency Markets Move? Buying Property in Spain and Transferring Currency.
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