Hi
U.S. Dollar Trading (USD) slid on Wednesday against all other majors, as market sentiment remained skeptical on the Dollar. As there is little fundamental data for the rest of the week out of the US, many analysts have indicated that the weakness weighed on the greenback should remain to be the dominant theme. In US share markets, the NASDAQ fell by 6.45 points (-0.26%) whilst the 30.80 points (0.24%). Crude oil fell US$0.12 a barrel US$63.01. Looking ahead, the Philly Fed survey is scheduled for release today with markets expecting a figure of 2.0, higher than the previous 0.2 for the month of April.
U.S. Dollar Trading (USD) slid on Wednesday against all other majors, as market sentiment remained skeptical on the Dollar. As there is little fundamental data for the rest of the week out of the US, many analysts have indicated that the weakness weighed on the greenback should remain to be the dominant theme. In US share markets, the NASDAQ fell by 6.45 points (-0.26%) whilst the 30.80 points (0.24%). Crude oil fell US$0.12 a barrel US$63.01. Looking ahead, the Philly Fed survey is scheduled for release today with markets expecting a figure of 2.0, higher than the previous 0.2 for the month of April.