Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indices  >  US Dollar Index       

US DOLLAR INDEX

My previous session
Most popular
SummaryChartsNews 
News SummaryAll newsMarketScreener Strategies

CURRENCIES : U.S. Dollar On Track For Losing Week

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2019 | 03:11pm EDT

By Anneken Tappe, MarketWatch

The U.S. dollar weakened slightly across the board in Friday trading, reversing a move higher the previous day that had snapped a four-day losing streak and leaving a closely followed index on track for a weekly loss.

The ICE U.S. Dollar Index , a measure of the currency against six major rivals, was last down 0.2% at 96.597, on track for a 0.7% drop for the week. The popular gauge for the greenback headed lower after mixed U.S. economic data.

The Empire state manufacturing index fell to 3.7 from 8.8 beforehand in March, and industrial production in February only expanded by 0.1%, less than the 0.4% expected. Capacity utilization for February was more or less in line with estimates at 78.2%, and job openings in January rose to the third-highest level on record at 7.6 million . Consumer sentiment for March climbed to 97.5 , beating expectations of 95.

Check out:Fed doesn't want anyone paying attention to the dot plot, but here are 3 things investors won't want to miss

The British pound had a volatile week, including its biggest one-day percentage rise in nearly two years that pushed it to a nine-month peak. For the week, sterling is up 2% against the dollar, according to FactSet data. It last fetched $1.3280, compared with $1.3242.

The Brexit drama, meanwhile, keeps on giving following three key votes on the issue in the U.K.'s Parliament this week. Lawmakers rejected Prime Minister Theresa May's withdrawal deal , ruled out any no-deal Brexit at any point, and supported a motion to extend the March 29 deadline when the U.K. is set to leave the European Union.

May will bring a third vote on her deal next week. If it goes through, the U.K. will seek a deadline extension until June 30. If not, the extension will likely be longer as lawmakers will have to go back to the drawing board.

The euro steadily recovered since the European Central Bank meeting last week Thursday, which led the shared currency to slide to its lowest since June 2017 . One euro last bought $1.1319, compared with $1.1307, up 0.6% for the week.

In Japan, the Bank of Japan left monetary policy unchanged, in line with expectations. The BOJ is widely considered to be the most dovish major central bank, and with little momentum in the Japanese economy , an end to its loose policies doesn't seem in sight.

The Japanese yen strengthened against the dollar, with one buck buying Yen111.49, down 0.2%.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on US DOLLAR INDEX
03:45pWALL STREET STOCK EXCHANGE : U.S. Stocks Rise on Gains in Consumer, Materials Sh..
DJ
03:43pDollar weak as traders bet on a dovish Fed
RE
03:42pDollar weak as traders bet on a dovish Fed
RE
03:09pCURRENCIES : Dollar Slides 7 Out Of 8 Sessions Ahead Of Fed Outlook
DJ
03:01pStocks and oil touch 2019 highs; sterling rides Brexit twists
RE
12:27pWALL STREET STOCK EXCHANGE : U.S. Stocks Rise on Gains in Consumer, Materials Sh..
DJ
11:22aShares at five-month high, sterling rides Brexit twists
RE
10:23aWALL STREET STOCK EXCHANGE : U.S. Stocks Open Higher Ahead of Key Central Bank D..
DJ
09:48aWALL STREET STOCK EXCHANGE : U.S. Stocks Open Higher Ahead of Key Central Bank D..
DJ
08:21aU.S. Futures Point to Gains Ahead of Key Central Bank Decisions
DJ
More news
Chart US DOLLAR INDEX
Duration : Period :
US Dollar Index Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends US DOLLAR INDEX
Short TermMid-TermLong Term
TrendsNeutralBullishBullish