💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

The dollar is falling

Published 08/10/2016, 07:44 AM
Updated 08/10/2016, 08:55 AM
© Investing.com

The dollar is falling.

The US dollar index is down by 0.7% at 95.48.

Later in the day, JOLTs Job Openings will cross the wires at 10 a.m. ET, and crude oil inventories will be out at 10:30 a.m. ET.

As for the rest of the world, here's the scoreboard as of 7:43 a.m. ET.

  • The British pound is up by 0.7% at 1.3089 against the dollar after the latest numbers from the National Institute of Economic and Social Research showed that growth in the UK was up 0.3% in the three months up to the end of July. By comparison, the three months to the end of June saw 0.6% growth.
  • The Japanese yen is higher by 0.7% at 101.22 per dollar after Japan's core machinery orders rose for the first time in three months. Orders rose a seasonally adjusted 8.3% month-over-month in June, surpassing the 3.4% uptick economists had forecast.
  • The euro is up 0.7% at 1.1187 against the dollar. Earlier, French industrial production fell 0.8% month-over-month for June, below expectations of a 0.1% increase.
  • The Brazilian real is little changed at 3.1465 per dollar after Brazil's Senate voted early on Wednesday to indict President Dilma Rousseff on charges of breaking budget laws and put her on trial in an impeachment process.
  • The Russian ruble is up 0.4% at 64.5228 per dollar.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.