empty
en
Support
Instant account opening
Trading Platform
Deposit/Withdraw

06.02.201915:19 Forex Analysis & Reviews: Dollar is trading in different directions to the yen and the euro after Trump's speech

Long-term review

The speech of US President Donald Trump with an annual message to Congress had a weak effect on currency trading. The dollar strengthened against the euro but weakened against the yen. As of 11:00 London time, the EUR/USD rate dropped to 1.1385 mark and the USD/JPY rate dropped to a level of 109.70. The dollar index rose by 0.09% to 96.16 points.

Yesterday, Donald Trump promised to complete the construction of the border wall in Mexico. According to the White House administration, a letter was sent to Congress with a proposal that is apt to end the crisis on the country's southern border.

Touching on the topic of trade with China, the US president said that the new deal with China should include significant structural changes in the trade interaction of the two countries and lead to a reduction in the trade deficit of the United States.

Exchange Rates 06.02.2019 analysis

Tatiana Strelkova,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

See Also

Forex News
  • 2025-04-11 03:47:42
    Ibovespa Halts Recovery
    2025-04-11 03:47:42
    Canada Building Permits Unexpectedly Rise
    2025-04-11 03:47:42
    Rwanda Inflation Rate Accelerates in March
    2025-04-11 03:47:42
    US Futures Point to Lower Open After Tariff-Pause Rally Fades
    2025-04-11 03:47:42
    US 10-Year Yield Inches Lower after CPI
    2025-04-11 03:47:42
    DXY Extends Losses to 6-Month Low
    2025-04-11 03:47:42
    US Core Inflation Rate Hits 4-Year Low
    2025-04-11 03:47:42
    US Initial Jobless Claims Inch Higher as Expected
    2025-04-11 03:47:42
    US Inflation Rate Slows More Than Expected
    2025-04-11 03:47:42
    US Jobless Claims Steady with No Change in 4-Week Average as of April 2025
  • 2025-04-11 03:47:42
    EU Halts Tariffs After Trump Pauses Trade Measures
    2025-04-11 03:47:42
    Gold Surges to Fresh High
    2025-04-11 03:47:42
    Oil Set for Second Weekly Loss
    2025-04-11 03:47:42
    South Korean Shares Follow Wall Street Lower
    2025-04-11 03:47:42
    Australian Shares Fall on US-China Trade Tensions
    2025-04-11 03:47:42
    Japanese Shares Track Wall Street Lower
    2025-04-11 03:47:42
    US Futures Slip as Trade War Volatility Lingers
    2025-04-11 03:47:42
    Japan's M2 Money Stock Growth Slows to 0.8% Year-over-Year in April 2025
    2025-04-11 03:47:42
    Japan's M3 Money Supply Unchanged in March: Economic Stability or Stagnation?
    2025-04-11 03:47:42
    New Zealand Shares Set to Log Second Straight Weekly Drop
  • 2025-04-11 03:47:42
    Peru Maintains Interest Rate at 4.75%
    2025-04-11 03:47:42
    Peruvian Central Bank Maintains Interest Rates Steady at 4.75% in April
    2025-04-11 03:47:42
    New Zealand Factory Activity Continues to Expand for 3rd Month
    2025-04-11 03:47:42
    New Zealand's Business PMI Edges Down Slightly in March
    2025-04-11 03:47:42
    Paraguay Trade Deficit Widens in March
    2025-04-11 03:47:42
    Fed's Balance Sheet Rises Slightly to $6.727 Trillion in April 2025
    2025-04-11 03:47:42
    Federal Reserve Reserve Balances See Slight Uptick Amid Economic Watchfulness
    2025-04-11 03:47:42
    Ibovespa Tumbles Amid US-China Trade Escalation
    2025-04-11 03:47:42
    TSX Tumbles on Thursday
    2025-04-11 03:47:42
    Wall Street Tumbles as US-China Trade Tensions Reignite
  • 2025-04-11 03:47:42
    Canadian Dollar Strengthens to Highest Since November
    2025-04-11 03:47:42
    US Government Budget Gap Narrows in March
    2025-04-11 03:47:42
    U.S. Federal Budget Balance Improves in March with Deficit Reduction
    2025-04-11 03:47:42
    Brazilian Real Near 11-Week Low
    2025-04-11 03:47:42
    US 30-Year Bond Auction Yields Witness an Upward Trend, Reaching 4.813%
    2025-04-11 03:47:42
    US Stocks Extend Plunge
    2025-04-11 03:47:42
    Mexican Peso Near March 2022 Lows
    2025-04-11 03:47:42
    US 30-Year Mortgage Rate Fall for 4th Consecutive Week
    2025-04-11 03:47:42
    FTSE 100 Records Best Day since 2020
    2025-04-11 03:47:42
    US Natgas Prices Extend Losses after EIA Data
  • 2025-04-11 03:47:42
    U.S. 8-Week Bill Auction Sees Slight Dip in Yield: Treasury Market Stability in Focus
    2025-04-11 03:47:42
    US Treasury Auction Sees Slight Uptick in 4-Week Bill Yield to 4.245%
    2025-04-11 03:47:42
    Cleveland CPI Holds Steady at 0.3% in March, Reflecting Continued Economic Stability
    2025-04-11 03:47:42
    US Natural Gas Storage Rise Last Week: EIA
    2025-04-11 03:47:42
    U.S. Natural Gas Storage Sees Significant Boost, Surges to 57B
    2025-04-11 03:47:42
    Belarus Inflation Rate Edges Up in March
    2025-04-11 03:47:42
    Lumber Fall Toward $580
    2025-04-11 03:47:42
    Heating Oil Tracks Crude Lower
    2025-04-11 03:47:42
    TSX Drops as Tariff Relief Eases
    2025-04-11 03:47:42
    US Stocks Lower as Tariff-Pause Rally Fades
  • 2025-04-11 03:47:42
    Ibovespa Halts Recovery
    2025-04-11 03:47:42
    Canada Building Permits Unexpectedly Rise
    2025-04-11 03:47:42
    Rwanda Inflation Rate Accelerates in March
    2025-04-11 03:47:42
    US Futures Point to Lower Open After Tariff-Pause Rally Fades
    2025-04-11 03:47:42
    US 10-Year Yield Inches Lower after CPI
    2025-04-11 03:47:42
    DXY Extends Losses to 6-Month Low
    2025-04-11 03:47:42
    US Core Inflation Rate Hits 4-Year Low
    2025-04-11 03:47:42
    US Initial Jobless Claims Inch Higher as Expected
    2025-04-11 03:47:42
    US Inflation Rate Slows More Than Expected
    2025-04-11 03:47:42
    US Jobless Claims Steady with No Change in 4-Week Average as of April 2025
  • 2025-04-11 03:47:42
    EU Halts Tariffs After Trump Pauses Trade Measures
    2025-04-11 03:47:42
    Gold Surges to Fresh High
    2025-04-11 03:47:42
    Oil Set for Second Weekly Loss
    2025-04-11 03:47:42
    South Korean Shares Follow Wall Street Lower
    2025-04-11 03:47:42
    Australian Shares Fall on US-China Trade Tensions
    2025-04-11 03:47:42
    Japanese Shares Track Wall Street Lower
    2025-04-11 03:47:42
    US Futures Slip as Trade War Volatility Lingers
    2025-04-11 03:47:42
    Japan's M2 Money Stock Growth Slows to 0.8% Year-over-Year in April 2025
    2025-04-11 03:47:42
    Japan's M3 Money Supply Unchanged in March: Economic Stability or Stagnation?
    2025-04-11 03:47:42
    New Zealand Shares Set to Log Second Straight Weekly Drop
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.