By: Barbara Zigah
The U.S. Dollar fell in Asian trading today as improved Euro zone sentiment, together with higher share and oil prices, combined to spur on investor risk appetite. According to one economist in Japan, optimism over the world’s economies is returning, and investors are shifting their investments away from the U.S. Dollar and into higher-yielding currencies including the Australian Dollar, the Pound Sterling and the single currency Euro.
As reported at 3:30 p.m. in Tokyo, the U.S. Dollar Index, a measure of the greenback’s value versus six major currencies, slipped .2% to trade at 79.680 .DXY. In individual trading, the Australian Dollar traded at $0.8118, a gain of .5% and on track to close out the half year end improved by 14% versus the U.S. Dollar. Improved consumer morale in the U.K. helped to boost the Pound Sterling, which traded at $1.6703, an 8-month high versus the U.S. Dollar. Improved Euro Zone sentiment for June boosted the Euro versus the U.S. Dollar, which traded at $1.4111, an increase of .2%. Over the 6-month period ending today, the Euro saw only a 1% gain overall, attributed primarily to sharp losses in the first quarter of the year.
.png "DailyForex logo")
Forex Trading Reviews & News 
 Want to get critical Forex news directly to your inbox?Sign up for our newsletter now! |
Barbara Zigah
Barbara Zigah is a freelance journalist living in Ghana, who specializes in Forex-related content; her online work has appeared in the IB Times, NASDAQ, Benzinga, and Seeking Alpha.
| Top Online Forex Brokers | |||
| 1 |
 |
FOREX | Review |
| 2 |
 |
FXCM | Review |
| 3 |
 |
FX Renew | Review |
| 4 |
 |
eToro USA | Review |
| 5 |
 |
Zecco | Review |
| Read More Forex Broker Reviews | |||
FX BONUSES & PROMOTIONS
 | |
 | |
 |
Live Rates
| Symbol | Change | High | Low |
|---|
| EUR/USD | 0.0002 | 1.3283 | 1.32 |
|---|---|---|---|
| AUD/USD | 0.0053 | 1.0777 | 1.0684 |
| EUR/GBP | -0.0002 | 0.8401 | 0.8368 |
| EUR/JPY | -0.1 | 103.17 | 102.28 |
| GBP/USD | 0.0006 | 1.5826 | 1.5761 |
| USD/CAD | -0.0015 | 1.0015 | 0.9975 |
| USD/CHF | -0.0005 | 0.9159 | 0.9106 |
| USD/JPY | -0.05 | 77.77 | 77.41 |
Daily Forex Trader's Corner
Free Forex Trading Courses
DailyForex has teamed up with Online Trading Academy to provide you with 3 e-courses for FREE! Valued at $150, these courses focus on Technical Analysis, Trading Basics and Risk Management.
