Dollar at 2-1/2 Week Highs With NFP Report on Tap - Forex Vs Stock

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Friday, December 8, 2017

Dollar at 2-1/2 Week Highs With NFP Report on Tap

The dollar was hovering for two weeks of weeks against other major currencies, hoping for the importance of the US tax refrigeration project, and the investors released important information on American employees later on that day. Greenback approved the legislation on Friday after the US Congress on Friday, after which it temporarily grants funds to the government by December 22, the end of the night's night ends and is expected. The American expected American tax reform will also be approved before the end of the year.
US Senate Republican agreed to discuss a major tax refinery bill with a House of Representatives on Wednesday, pointing out that lawmakers agreed on the final bill before the end of December 22 end date. Was it The US dollar had also increased since the last Thursday, unemployment was claimed last week last week. The US dollar index, which has estimated the greenback power of 6 major currencies of the commercial weight basket, rose from November 21 to 02.9 MA (06:15 GMT) by 93.94% 0.20 Was%.
Euro was low, with EUR / USD 0.20% down 1.1749, lowest than November 23, while 1.3474 was a permanent part of GBP / USD.European Commission President Jean Claude Joker said on Friday that Sterling is being supported. In the first phase of the negotiations, "substantial development" has been made and now it can now move into trade.
On the other hand, Yen and Swiss frank were low, with USD / JPY 0.34% up to 113.47 and with USD / CHF 0.17% to 0.9961. Early Friday, official data shows that Japan's overall domestic product exports 0.6 percent in the third quarter, dropped expectations for growth rate of 0.4%. In the last quarter, Japan's economy grew by 2.5 percent, which was 1.5 percent last year.
The Australian dollar with AUD / USD was stable at 0.7511, while NZD / USD increased 0.16% to 0.6842. Australia increased Friday's figures that China's imports increased the maximum annual rate of 17.7 percent in November and 12.3 percent increased. China is the largest exporter of Australia. Another report shows that Australia's home loans only reduced 0.6 percent in October compared to the expectations of 1.8 percent reduction. Meanwhile, USD / CAD was not nearly bad at 1.2854.

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