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#UTX 144.96 0.00%
GBPUSD 1.2986 0.00%
#C 74.50 0.00%
#KO 53.72 0.00%
#VZ 59.95 0.00%
USDJPY 109.02 0.00%
#CAT 142.87 0.00%
#MCD 195.15 0.00%
#WMT 119.21 0.00%
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AUDCAD 0.9109 0.00%
EURJPY 120.78 0.00%
#DIS 150.68 0.00%
#MO 50.56 0.00%
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#PG 122.63 0.00%
EURAUD 1.6163 0.00%
#AIG 51.66 0.00%
#HPQ 19.83 0.00%
#QQQ 202.79 0.00%
EURGBP 0.8533 0.00%
#AMD 38.70 0.00%
#IBM 132.90 0.00%
#S 5.73 0.00%
NZDCAD 0.8675 0.00%
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NZDCHF 0.6459 0.00%
#AXP 117.30 0.00%
#IP 46.20 0.00%
#SPY 311.53 0.00%
NZDJPY 71.17 0.00%
#BA 355.16 0.00%
#JNJ 137.36 0.00%
#T 37.30 0.00%
SILVER 16.92 0.00%
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#JPM 131.45 0.00%
#UL 59.27 0.00%

Dollar Exhibits Weakness Again

18.10.2019 21:01 (UTC +0)

The U.S. dollar extended its recent slide on Friday amid the possibility of more interest rate cuts by the Federal Reserve in the near run to support the economy.

The dollar index eased to a low of 97.25 in late afternoon trades and was last seen at 97.27, down 0.35% from previous close of 97.61.

The index shed about 0.9% in the week.

The dollar was down nearly 0.4% against the euro, at 1.1164, with the latter gaining in strength thanks to the progress made by the U.K. and the EU on the Brexit front.

Against Pound Sterling, the dollar was down almost 0.5% at 1.2950 ahead of tomorrow's vote on a Brexit deal the U.K. and the EU negotiators drafted on Thursday.

The Japanese Yen strengthened to 108.41 from previous close of 108.64 a dollar.

Against the loonie and Swiss franc, the dollar was down 0.13% and 0.35% at 1.3120 and 0.9845, respectively.

The Aussie-Dollar was up 0.45% at 1.3120.

It remains to be seen whether the draft Brexit deal will get the required majority from the U.K. lawmakers on Saturday.

Already, the Democratic Unionist Party, which is a key ally of Johnson's government, confirmed in a statement Thursday that it is unable to back the proposals in the Commons as they are not in the best interests of Northern Ireland.

In U.S. economic news, the Conference Board released a report on Friday showing an unexpected drop in its reading on leading U.S. economic indicators in the month of September.

The Conference Board said its leading economic index edged down by 0.1% in September after dipping by a revised 0.2% in August.

Economists had expected the index to rise by 0.2% compared to the unchanged reading originally reported for the previous month.

Federal Reserve Vice Chairman Richard Clarida on Friday said the economy is facing "evident" risks, while inflation remains muted.

In a speech in Washington, Clarida stressed interest-rate policy was not on a preset course and policy makers would make decisions meeting-by-meeting. Officials would assess the risks and will act as appropriate.



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FOREX quotes
EURUSD 1.1082 0.00%
GBPUSD 1.2986 0.00%
USDJPY 109.02 0.00%
USDCHF 0.9894 0.00%
USDCAD 1.3286 0.00%
EURJPY 120.78 0.00%
EURCHF 1.0965 0.00%
GBPJPY 141.54 0.00%
GBPCHF 1.2847 0.00%
GOLD 1466.19 0.00%
#AA 20.32 0.00%
#AAPL 264.46 0.00%
#ADBE 302.68 0.00%
#AIG 51.66 0.00%
#AMD 38.70 0.00%
#AMZN 1781.88 0.00%
#AXP 117.30 0.00%
#BA 355.16 0.00%
#BAC 33.43 0.00%
#BK 49.11 0.00%
#C 74.50 0.00%
#CAT 142.87 0.00%
#CL 56.39 0.00%
#CSCO 44.70 0.00%
#DIS 150.68 0.00%
#DWDP 64.87 0.00%
#EBAY 34.88 0.00%
#F 9.00 0.00%
#GE 11.14 0.00%
#GOOG 1291.55 0.00%
#HD 217.55 0.00%
#HON 174.36 0.00%
#HPQ 19.83 0.00%
#IBM 132.90 0.00%
#INTC 57.64 0.00%
#IP 46.20 0.00%
#JNJ 137.36 0.00%
#JPM 131.45 0.00%
#KHC 30.92 0.00%
#KO 53.72 0.00%
#MCD 195.15 0.00%
#MDLZ 52.81 0.00%
#MMM 168.28 0.00%
#MO 50.56 0.00%
#MRK 87.02 0.00%
#MSFT 149.72 0.00%
#NG 2.386 0.00%
#NOK 3.44 0.00%
#ORAN 15.97 0.00%
#PFE 38.28 0.00%
#PG 122.63 0.00%
#QQQ 202.79 0.00%
#S 5.73 0.00%
#SNE 63.26 0.00%
#SPY 311.53 0.00%
#T 37.30 0.00%
#UL 59.27 0.00%
#UTX 144.96 0.00%
#VZ 59.95 0.00%
#WMT 119.21 0.00%
#XOM 68.38 0.00%
AUDCAD 0.9109 0.00%
AUDCHF 0.6785 0.00%
AUDJPY 74.70 0.00%
AUDUSD 0.6859 0.00%
CADCHF 0.7443 0.00%
CADJPY 82.02 0.00%
CHFJPY 110.08 0.00%
CRSIDX 10902.3 0.20%
EURAUD 1.6163 0.00%
EURGBP 0.8533 0.00%
NZDCAD 0.8675 0.00%
NZDCHF 0.6459 0.00%
NZDJPY 71.17 0.00%
SILVER 16.92 0.00%
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