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The euro and the dollar’s strength fell after North Korea’s missile test

collected by :kiven Dixter

Dollar steady after North Korea missile test, euro dipsInvesting.com – The dollar was steady against a basket of the other major currencies on Monday, holding above last week’s six-and-a-half month lows as markets shrugged off news of North Korea’s latest missile test.

The yen showed little reaction after fired what appeared to be a short-range ballistic missile early on Monday.
Investors remained in a cautious mood amid ongoing political concerns surrounding the Trump administration.
The euro edged lower, with last at 1.1174 after setting a six-and-a-half month high of 1.1267 last week.
Investors were looking ahead to Friday’s U.S. employment report, which was expected to show that conditions in the labor market remain solid.

The dollar fell in Asia after testing North Korea

according to The dollar had come under pressure earlier in the week after the minutes from the Federal Reserve’s latest meeting tempered some more hawkish rate hike expectations.
In the week ahead, traders will focus on Friday’s U.S. employment report for further signs of the Fed’s likely rate hike trajectory through the end of the year.
The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted up 0.20% to 97.33.
fell 0.05% to 111.29 after the early Monday test, while eased 0.04% to 0.7444.
But ECB President Mario Draghi is to testify about the economy and monetary developments before the Economic and Monetary Affairs Committee, in Brussels.
Dollar falls in Asia

according to The dollar had come under pressure earlier in the week after the minutes from the Federal Reserve’s latest meeting tempered some more hawkish rate hike expectations.

USD/JPY fell 0.05% to 111.29 after the early Monday test, while AUD/USD eased 0.04% to 0.7444.
In the week ahead, traders will focus on Friday’s U.S. employment report for further signs of the Fed’s likely rate hike trajectory through the end of the year.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted up 0.20% to 97.33.
But ECB President Mario Draghi is to testify about the economy and monetary developments before the Economic and Monetary Affairs Committee, in Brussels.
 NKorea missile test

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