The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The U.S. dollar dropped against its major counterparts in the New York session on Thursday amid rising US-China tensions and softer-than-expected inflation data for March.
Data from the Labor Department unexpectedly showed a slight decrease by consumer prices in the U.S. in the month of March.
The report said the consumer price index edged down by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected consumer prices to inch up by 0.1 percent.
Excluding food and energy prices, the core consumer price index crept up by 0.1 in March after rising by 0.2 percent in February. Core prices were expected to rise by 0.3 percent.
The report also said the annual rate of consumer price growth slowed to 2.4 in March from 2.8 percent in February. Economists had expected the pace of price growth to slow to 2.6 percent.
The annual rate of core consumer price growth also fell to 2.8 percent in March from 3.1 percent in February. Core price growth was expected to dip to 3.0 percent.
U.S.-China trade war deepened as Trump excluded the country out of the pause and even raised the tariff on Chinese goods to 125 percent.
The greenback fell to a 6-day low of 1.2995 against the pound, 13-1/2-year low of 0.8249 against the franc and near a 2-year low of 1.1241 against the euro. The currency is seen finding support around 1.31 against the pound, 0.79 against the franc and 1.14 against the euro.
The greenback dropped to a 4-1/2-month low of 1.3951 against the loonie and 6-day lows of 0.6248 against the aussie and 0.5756 against the kiwi. The currency is likely to locate support around 1.37 against the loonie, 0.65 against the aussie and 0.60 against the kiwi.
The greenback edged down to 144.00 against the yen. If the currency falls further, it is likely to test support around the 140.00 region.
