4 Visitor Messages

  1. Investing.com - The dollar remained broadly lower against other major currencies on Friday, as concerns over an investigation into Donald Trump's presidential campaign continued to weigh on the greenback despite the release of upbeat U.S. housing sector data.
    The U.S. Census Bureau reported on Friday that builing permits and housing starts both increased far more than expected last month.
  2. Housing data out of the US and Canadian inflation numbers did manage to attract some attention during today’s trading though the tone for the day was set earlier with developments on the US political front – most notably a potential connection between the Trump campaign and Russia and progress on the tax story – getting the bulk of today’s focus.

    At 1525 GMT, the dollar index, which gauges the greenback against a basket of currencies, was 0.2% down on the day at 93.78. On the week, it is lower by 0.7% and is on track to record its second straight weekly decline. The latest political twist after a report on the Wall Street Journal stated that Special Counsel Robert Mueller’s team issued a subpoena last month demanding documents that could potentially link Trump’s campaign officials with Russia, put the dollar on a negative footing during today’s trading.
  3. KINGSTON, Jamaica — The US dollar on Friday, November17, ended trading at J$126.64 up by two cents according to the Bank of Jamaica's daily foreign exchange trading summary.

    Meanwhile, the Canadian dollar ended trading at J$99.99 up from J$99.72 while the British pound sterling ended trading at J$166.43 up from J$165.67.
  4. Stayed below the 1.0000 parity level. The high on Monday stalled at 0.9986.
    Defined a downward sloping trend line this week and tested that line on Thursday and again today. That trend line comes in at 0.9927 now.
    Broke below a longer term trend line and stayed below (goes back to September 8th low)
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