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.
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.
Latest posts by investing.com (see all)
- Forex – USD/CAD Rises Despite Upbeat Canadian Data - January 20, 2018
- Forex- Dollar Inches Up Amid Government Shutdown Fears - January 20, 2018
- Forex – Dollar Off Lows as Trump Reportedly Makes Last-Ditch Effort To Avert Shutdown - January 20, 2018