Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Final hours: unlock premium data with Claim 60% OFF
Forex - U.S. Dollar Falls as Euro, Bond Yields Rise
Published Oct 19, 2018 10:58AM ET
© Reuters. The U.S. dollar fell on Friday.
Investing.com - The U.S. dollar was lower on Friday as bond yields continued to hold near a one-week high, while the euro was higher.
The U.S. dollar index, which tracks the greenback against a basket of other currencies, fell 0.13% to 95.60 as of 10:57 AM ET (14:57 GMT).
Treasury yields were higher, with the United States 10-Year note at 3.192%, not far from a one-week high of 3.211% on Thursday. Bond yields rose after hawkish Fed minutes on Wednesday showed the central bank's conviction in gradually increasing interest rates in December and beyond.
The dollar rose against the yen, with USD/JPY gaining 0.29% to 112.52.
Elsewhere, the pound and euro recovered from monthly lows.
GBP/USD rose 0.17% to 1.3040 despite a hard Brexit looking more likely.The euro was slightly higher, with EUR/USD increasing 0.22% to 1.1479 after European Economic Affairs Commissioner Pierre Moscovici played down the EU’s dispute with Italy’s budget.
He said the EU had only sent a letter to Rome and it would be a long process going forward. Italy is expected to reply to the EU letter by Monday.
The Australian dollar was higher despite China posting lower than expected third-quarter GDP. AUD/USD jumped 0.51% to 0.7134, while NZD/USD increased 0.76% to 0.6591.
The loonie was lower after core inflation rose less than expected and retail sales fell in August. USD/CAD was up 0.16% to 1.3104.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.