Page 38 - Urrencies News Today

Following a negative start to the week, EUR/USD extended that pessimism and kept the trade near recent YTD lows in the 1.0725/20 band on turnaround Tuesday.

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A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1006 as compared to the previous day's fix of 7.1049 and 7.1655 Reuters estimates.

Here is what you need to know on Friday, February 2: The US Dollar (USD) came under heavy selling pressure and the USD Index declined nearly 0.5% amid falling US bond yields in the American session on Thursday.

After touching its lowest level since December 13 at 1.0780 in the European session on Thursday, EUR/USD reversed its direction in the second half of the day and closed in positive territory.