Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Subscribe I am already a subscriber

Euro up after comments made by ECB President Lagarde

Dollar index dropped as new economic data surfaces

The dollar index dropped yesterday after a host of economic data releases indicated the US economy remains resilient and may not be close to a recession. At the same time, after comments from European Central Bank (ECB) President Christine Lagarde, the euro strengthened.

The dollar retreated further after data showed new orders for US-manufactured capital goods unexpectedly rose in May.

Source: reuters.com