The US dollar fell as a press conference of Donald Trump has disappointed investors. Trump did not disclose details on the pre-election promises on fiscal stimulus and tax cuts.The dollar index fell by 0.75%, below 101, the US currency fell to one month low against the yen. The euro exchange rate against the dollar reached a high of $1.06, climbing with neaqrly 300 pips.
The yield on ten-year Treasury bonds fell after comments from Trump by 2.3%.
The pound rose above $1.23 after the optimistic statements of the Bank of England about the country's economy.
No comments:
Post a Comment