Germany's purchasing power for Q1 appreciated at the weakest rhythm within a period of three years, amid the German inflation accelerating, the Federal Statistics Office reported today.
Today, the U.S. dollar traded lower amid the investors and the traders focusing on the probabilities for a third rate hike in 2017. The U.S. dollar index reached the 97.16 zone declining 0.06%.
Today, the U.S. dollar resumes stable following some of the FED members' remarks signaling the probability for further tightening in 2017. The U.S. dollar index traded at 97.39 declining 0.01%.
The U.S. dollar approached its 3-weeks high levels against the Japanese yen today, amid the FED's officials stating that the U.S. inflation should escalate in alignment with wages.
Today, David Davis, Brexit Secretary, starts the negotiations in Brussels for setting the terms which the British nation will implement for exiting the EU as smooth as possible.
Risk Warning:CFDs are complex leveraged products and involve a high level of risk. 63% of retail investor accounts lose money when trading CFDs with this provider. You should ensure that you understand the risks involved and that you can afford the possible risk of losing all your money. Seek independent advice if necessary.