Dollar lower as yen gains on Brazilian crisis

Investing.com – The dollar edged lower Friday after a modest recovery overnight as the political upheaval surrounding the White House continued to weigh.
The was off 0.17% at 97.60 at 08:45 ET.
The gained on some safe-haven buying as Brazilian assets plunged overnight on a political scandal.
Brazilian President Michel Temer was caught up in a graft probe but denied the allegations.
The dollar’s attempted recovery overnight was aided by some upbeat U.S. data.
The greenback remains under pressure as U.S. Justice Department appointed a special counsel to probe alleged Russian meddling in the U.S. presidential election.
Trump denied he had asked the FBI to drop a probe into former national security adviser Michael Flynn’s ties with Russia.
The edged higher, while the was also firm but off overnight eight-month highs above the $1.30 mark.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Comments

comments