#fxdd united states

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+++ Best Forex Signal : United States Dollar Declines Due To U.S. Data

Best Forex Signal -

United States Dollar on the Decline

Due to recent data, the United States dollar dipped on Wednesday.

The United States Dollar dipped due to the data released on Wednesday regarding the change in the U.S. non-farm productivity. The productivity rose more slowly than what was anticipated.

EUR/USD is also up on the day and reached up to 1.1782. Also, the USD index, which measures the strength of the buck versus the other major currencies, went down .33% to 93.54.

The post United States Dollar Declines Due To U.S. Data appeared first on FXDD Forex Market Analysis.

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+++ Best Forex Signal : US Tariffs Announced

Best Forex Signal -

The United States announced its plans to impose tariffs on steel and aluminum imported from Canada, Mexico and the European Union. United States equity took a bit of a dip as a result of this decision, causing a rippling effect with Dollar pairs.

Although these tariffs will be imposed, it seems that NAFTA negotiations will continue as we move forward.

The trade war remains clouded with speculation as we wait with two main questions – what will happen next? Which countries will be involved next?

Be on the lookout for reactions and/or countermeasures from Canada, Mexico and the European Union.

The post US Tariffs Announced appeared first on FXDD Forex Market Analysis.

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