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Dollar up as euro, pound hit by political woes

ForexMay 30, 2017 03:25AM ET
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Investing.com - The dollar was higher Tuesday as the euro and the pound faced political concerns but fell against the yen.
The dollar index was up 0.35% at 97.67 at 03:00 ET.
A Fed rate hike in June remains firmly priced in but the path of future tightening remains unclear.
The euro dipped to the $1.111 mark as the possibility of a Greek default loomed as bailout talks stalled
The single currency was also undermined by the possibility of Italian elections this year.
Mario Draghi Monday also doused speculation of a more upbeat slant to the ECB's forward guidance at June's policy meeting.
The pound retreated as the latest polls showed the Tories' lead in the June 8 election had narrowed further.
The dollar was off 0.38% against the yen at 110.84.

Dollar up as euro, pound hit by political woes
 

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Hiren Garasondia
Garasondia_Hiren May 30, 2017 4:38AM ET
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EU made a low 1.1110 range today........against sell @1.1260-1280 range on last week........see call 1stttttttt---what next??????. . FOR INTRADAY AND HOLDING THIS WEEK STRATEGY IN PRECIOUS METALS...... . AFTER MADE A 1MONTH HIGH XAU AND XAG BULLISH AND CONTINUE FEAR ABOUT GEOPOLITIACL TENTIONS..... . EXPECTATION OF PROFIT BOOKING WILL COME TODAY ONWARDS....... . SELL XAU AND XAG $1268.50-1270 RANGE AND $17.470-510 RANGE AND KEEP SL???. . AND TGT1 $1257+$17.120. AND TGT2 $1251+$16.970.MM---TGT IN NEXT FEW HOURSSSSSS
 
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