Key crypto assets leap
On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Aussie and Kiwi ascend vs. greenback after Trump comments
On Thursday, the Australian along with New Zealand dollars edged up versus their American counterpart because market sentiment on the US dollar remained fragile after Donald Trump provided no specific details on his tax reform, thus disappointing traders.
The currency pair AUD/USD gained 0.19%, being worth 0.7488, easing off a three-month minimum of 0.7452 reached on Wednesday.
Market participants obtained no extra information on the highly-anticipated American tax reform on Wednesday because Donald Trump repeated that the income tax rate paid by public corporations is going to be reduced to 15% from 35%.
Aside from Trump confirmed plans to diminish the top tax rate assessed on pass-through businesses, such as small partnerships as well as sole proprietorships, from 39.6% to 15%.
The currency pair NZD/USD managed to gain 0.38%, trading at 0.6915, off the previous session’s four-month minimum of 0.6868.
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Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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…
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