Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Dollar rises vs. rivals, recovers from recent U.S. data

Published 04/20/2015, 06:27 AM
Updated 04/20/2015, 06:27 AM
© Reuters.  Dollar regains ground vs. counterparts in thin trade

© Reuters. Dollar regains ground vs. counterparts in thin trade

Investing.com - The dollar rose against a basket of other major currencies on Monday, as it recovered from the previous week's disappointing U.S. data.

Sentiment on the dollar remained vulnerable as investors pushed back expectations for higher U.S. interest rates after a recent string of soft economic data dampened optimism on the country's recovery.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.38% to 97.99.

EUR/USD dropped 0.55% to 1.0748.

The single currency remained under pressure amid concerns that Athens is no closer to reaching an agreement on economic reforms for bailout funds with its creditors, fuelling fears that Greece could be forced out of the euro zone.

The pound was also lower, with GBP/USD down 0.19% to 1.4932.

Elsewhere, the dollar was steady against the yen, with USD/JPY at 118.91 and higher against the Swiss franc, with USD/CHF climbing 0.55% to 0.9574.

The Australian and New Zealand dollars were almost unchanged, with AUD/USD near three-week highs at 0.7788 and NZD/USD close to recent three-month highs at 0.7693.

Meanwhile USD/CAD slipped 0.26% to trade at 1.2215.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.