Forex - Dollar Extends Losses in Subdued Pre-Holiday Trade - Forex Vs Stock

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Monday, December 18, 2017

Forex - Dollar Extends Losses in Subdued Pre-Holiday Trade

Forex - Dollar Extends Losses in Subdued Pre-Holiday Trade
There was a loss of dollars against other major currencies on Monday, as investors are careful about the recent progress of the US tax refrigeration front. Weekly trading volume was expected before Christmas holiday. Republican picked up early on Friday. They believe that the Congress will approve the tax bill this week. The US dollar index, which has estimated the greenback power of 6 major currencies, has been estimated to be at least 93.19pm from 08:30 until 08:30 until 08:30 pm. Was reduced by 0.29 percent. Euro and pounds are maximum, 0.38% 1.179% and GBP / USD with 0.41% to 1.3376 with EUR / USD.
After Germany's social democrats opened the EU talks to open talks with the EU, the EU got support, gave the opportunity to end the country's political disaster. However, negotiation is not expected until January. Earlier Monday data shows inflation in the european zone increased in November, but still came down by the European Central Bank's target.
USD / JPY rose from 0.11% to 112.48, while 0.27% fell to USD / CHF 0.9878 to trade. On the other hand, the Australian and New Zealand dollar was strong, with 0.23% 0.7663 on AUD / USD and trading in NZD / USD 0.27% 0.7009.
Meanwhile, USD / CAD put 0.08% over 1.2875.

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