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Dollar Higher Ahead Of U.S. Consumer Confidence Index
(RTTNews) - U.S. consumer confidence index for June is due at 10:00 am ET Tuesday. Ahead of the data, the greenback climbed against its major rivals.
The greenback was worth 1.0534 against the euro, 1.2217 against the pound, 0.9575 against the franc and 136.26 against the yen at 9:55 am ET.
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The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.
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Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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The British pound strengthened against other major currencies in the European session on Thursday.
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The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.
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The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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