On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
Aussie and Kiwi dive, although keeping to multi-month highs
On Monday, the Australian and New Zealand dollars lost versus their American rival because the US currency mildly revived from recent losses notwithstanding it kept hovering near three-year minimums versus a basket of key currencies.
The currency pair AUD/USD slid 0.18% being worth 0.8094, which is off Friday's 32-month maximum of 0.8137.
The US currency gained some support after Friday’s data disclosed that American durable goods orders tacked on by 2.9% in December, while real consumer spending soared 3.8% for the fourth quarter.
However, market sentiment on the greenback was still fragile after the previous week US Treasury Secretary Steven Mnuchin told that a weaker greenback was quite positive for US trade.
The currency pair NZD/USD dived 0.15% hitting 0.7339, while still hovering near the previous week's four-month peak of 0.7438.
The US dollar index that gauges the US currency’s value versus a basket of six key currencies, stood still, showing an outcome of 88.92.
Will we finally see any price action for Bitcoin?
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…