Yahoo Finance: The WSJ Dollar Index Fell 0.2% To 96.61

The WSJ Dollar Index Fell 0.2% To 96.61

作者: The Wall Street Journal, Sat, May, Min Read

內容

1311 GMT – The dollar turns lower after rising sharply overnight following a trade deal between the U.S. and the U.K., and the currency might struggle to rise further unless more trade deals are announced, ING forex analyst Francesco Pesole says in a note. “U.S. trade developments remain the single biggest driver for the dollar, and the consolidation of bullish dollar momentum requires a constant flow of positive news on trade deals,” he says. This means more trade deals with key trade partners such as China or Europe could give the currency a boost.

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