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Movement in the currency market

Published 05/16/2017, 06:54 AM
Updated 05/16/2017, 06:54 AM
© Reuters.  Movement in the currency market
  • As oil prices churn higher, the greenback is down for a fifth day, with the dollar index flirting with its lowest levels since the election of President Trump.
  • The downward movement is giving a boost to the euro, up 0.8% to over $1.10, along with a positive eurozone GDP growth and German economic data.
  • Sterling can't seem to decide which way to turn, see-sawing heavily overnight after the release of strong inflation figures.
  • ETFs: FXE, UUP, EUO, UDN, FXB, ERO, GBB, USDU, DRR, ULE, EUFX, URR
  • Now read: Macron's Win A Long Term Sell For The Euro


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