Economic news

After bullish week the dollar retreats

On Friday, the dollar has stalled after two days of strong growth, accompanied by nervous sentiments associated with speech by Federal Reserve chair Janet Yellen.

The survey shows that the main candidate Emmanuel Macron moving ahead of far-right rival Marine Le Pen in the first round in the run-up April May's France presidential elections, pushing the euro higher.

The dollar in this week rose 1%, the fourth consecutive week that it is still far below the highs reached against the background of optimism about the shape of Donald Trump presidency.

This week the market was like a seesaw due to expectations of rising interest rates by the Federal Reserve, which will be released in March 15.

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  • avatar-2098
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    This currency has a potential now, that is why I like to use US dollar in my trading.

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