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 drifted lower on Thursday after U.S. President Donald Trump announced new tariffs on auto and auto components imports, and added that he would impose far larger levies than currently planned if the EU and Canada collaborate to harm the U.S. economy.
In economic news, a report from the Commerce Department said gross domestic product surged by 2.4% in the fourth quarter compared to the previously reported 2.3% jump. Economists had expected the pace of GDP growth to be unrevised.
A separate report released by the National Association of Realtors showed pending home sales saw a significant rebound in the month of February after plunging to an all-time low in January.
NAR said its pending home sales index surged by 2% to 72.0 in February after plunging 4.6% to an all-time low of 70.6 in January. Economists had expected pending home sales to jump by 1.5%.
The dollar index dropped to a low of 104.07 in the New York session, and despite recovering to 104.26 subsequently, remained in negative territory, losing about 0.25%.
Against the Euro, the dollar weakened to 1.0804. Against Pound Sterling, the dollar weakened to 1.2949.
The dollar firmed against the Japanese currency, fetching 151.05 yen a unit. Against the Aussie, the dollar weakened to 0.6305.
The Swiss franc firmed against the dollar to CHF 0.8818, while the Loonie weakened to 1.4307 a unit of the U.S. currency.