Aussie and kiwi inch up vs. greenback amid American political jitters

Aussie and kiwi inch up vs. greenback amid American political jitters

On Wednesday, the Australian and New Zealand dollars soared versus its American rival amid fresh political jitters in America, though hopes for a June rate lift by the Fed still gave support to the evergreen buck.

The currency pair AUD/USD grew 0.22%, showing 0.7358, off the previous session’s four-month minimum of 0.7326.

Donald Trump unexpectedly had FBI Director James Comey sacked.

During the 2016 US presidential campaign Comey had been pursuing his agency's investigation into alleged Russian meddling in election and probable collusion with Trump's campaign.

The currency pair NZD/USD soared 0.16%, being worth 0.6906

However, market sentiment on the US dollar was still upbeat after on Tuesday Kansas City Fed President Esther George told that the major US financial institution should keep gradually lifting short-term interest rates notwithstanding the recent slowdown in GDP as well as car sales.



Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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