U.S. Dollar Falls As U.S. Senate Vote Delays
28 Giugno 2017 - 5:18AM
RTTF2
The U.S. dollar weakened against other major currencies in the
Asian currencies on Wednesday, as the U.S. Senate's move to delay a
vote on healthcare bill to replace Obamacare until after next
week's 4 July holiday rekindled U.S. policy worries.
Concerns whether the Trump administration will be able to
deliver pledged tax cuts and infrastructure spending also dampened
sentiment.
Investors also digested European Central Bank President Mario
Draghi's comments that the central bank could trim its stimulus
this year.
In the Asian trading, the U.S. dollar fell to nearly a 1-year
low of 1.1355 against the euro and a 4-month low of 1.3138 against
the Canadian dollar, from yesterday's closing quotes of 1.1338 and
1.3198, respectively. If the greenback extends its downtrend, it is
likely to find support around 1.15 against the euro and 1.30
against the loonie.
Against the NZ dollar, the greenback dropped to 0.7285 from an
early 5-day high of 0.7259. The greenback may test support near the
0.73 region.
Against the pound, the yen and the Swiss franc, the greenback
edged down to 1.2821, 112.03 and 0.9594 from yesterday's closing
quotes of 1.2812, 112.34 and 0.9604, respectively. On the downside,
1.31 against the pound, 108.00 against the yen and 0.94 against the
franc are seen as the next support levels for the greenback.
The greenback slipped to 0.7617 against the Australian dollar,
from yesterday's closing value of 0.7581. The currency is likely to
find support around the 0.77 region.
Looking ahead, Swiss Credit Suisse economic expectations index
for June and Eurozone M3 money supply data for May are due to be
released later in the day.
At 9.30 am ET, Bank of Canada Governor Stephen Poloz, European
Central Bank President Mario Draghi, Bank Of England Governor Mark
Carney and Bank of Japan Governor Haruhiko Kuroda are expected to
participate in a panel discussion at the European Central Bank
Forum on Central Banking, in Portugal.
In the New York session, U.S. advance goods trade balance for
May, wholesale inventories for May, pending home sales data for May
and U.S. crude oil inventories data are slated for release.
At 2.20 pm ET, Bank of Canada Deputy Governor Lynn Patterson is
expected to speak about intelligence gathering techniques at the
Chartered Financial Analyst Society of Calgary.
Grafico Cross Euro vs US Dollar (FX:EURUSD)
Da Mar 2024 a Apr 2024
Grafico Cross Euro vs US Dollar (FX:EURUSD)
Da Apr 2023 a Apr 2024
