Tuesday, December 24, 2013

DOLLAR REMAINS LOWER VS. RIVALS AFTER U.S. DATA




Signalsgowin.com-The dollar remained lower against the other major currencies on Monday, EURUSD rose 0.24% to 1.3705, personal spending rose 0.5% last month, matching expectations, personal income rose 0.2% in November, the Federal Reserve  would reduce its USD85 billion-a-month bond buying program by USD10 billion in January, the pound was higher against the dollar, GBPUSD up 0.18% to 1.6359, USDJPY down 0.05% to 104.04, USDCHF shedding 0.35% to 0.8930, AUDUSD up 0.23% to 0.8943, NZDUSD adding 0.16% to 0.8213, USDCAD down 0.47% to 1.0587.  Canada’s gross domestic product expanded by a seasonally adjusted 0.3% above expectations for growth of 0.1%, Canada’s economy grew by 0.3%, Canada’s GDP expanded at an annualized rate of 2.7% in October, beating forecasts for an increase of 2.3%, the U.S. dollar index was down 0.30% to 80.50.

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