Forex Today: Yet to be confirmed US-Iran MOU caps US Dollar’s upside
The post Forex Today: Yet to be confirmed US-Iran MOU caps US Dollar’s upside appeared on BitcoinEthereumNews.com. Here is what you need to know on Friday, May 29: The US Dollar (USD) weakened against its major rivals in the second half of the day on Thursday as markets turned optimistic about the United States (US) and Iran reaching a deal to extend the ceasefire and open the Strait of Hormuz. Early Friday, the USD Index holds steady at around 99.00 and US stock index futures trade marginally higher on the day. The economic calendar will feature preliminary May Consumer Price Index (CPI) data from Germany and first-quarter Gross Domestic Product (GDP) growth data from Canada. During the American trading hours, several Federal Reserve (Fed) policymakers will be delivering speeches as well. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Japanese Yen. USD EUR GBP J