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On Wednesday, the Australian and New Zealand dollars tacked on versus their US rival because American political concerns kept weighing heavily on the US currency.
The currency pair AUD/USD grew 0.13%, trading at 0.7435.
The evergreen buck slid broadly, reacting to reports that Donald Trump dared to share secret intelligence with Russia's foreign minister the previous week.
The greenback came under further selling pressure, following news that Trump asked ex-FBI Director James Comey to cease the agency's investigation into ties between Russia and ex-White House national security adviser Michael Flynn.
Financial markets were still reviving from Trump’s decision the previous week to have James Comey sacked and amid congressional calls for an immediate independent investigation of hypothetical Russian interference with the American election.
The currency pair NZD/USD tacked on 0.15%, trading at 0.6923, thus demonstrating highest value since May 11.
On Wednesday, the evergreen buck stood still due to the fact financial markets waited for the conclusion of the Fed’s latest gathering, while the New Zealand dollar rallied versus the evergreen buck on a better-than-anticipated business confidence report…
On Tuesday, the evergreen buck went down to the lowest value of the day versus its key rivals ahead of a highly-anticipated two-day Fed gathering starting later on Tuesday…
The Federal Reserve is anticipated to be one of the most aggressive major central banks when it gets to the monetary policy…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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