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Business / Finance

Dollar regains losses

ProFinance.Ru news and comments on the situation on the Forex market 07.07.2018 at 10:33

Financial-analytical portal ProFinance.Ru

The dollar Index Bloomberg Dollar Spot Index rising for the second day in a row, because the positioning was a key factor in the market among a lack of fresh catalysts, although released only that data has hit the pound and the Euro. Traders with short positions on the pound's gains, the currency has lost a clear direction. The yen fell to a seven-week low, as the absence of new negative news on the subject of trade conflict between the US and China reduces the demand for the currency as a safe haven.

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