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On Tuesday, the Australian and New Zealand dollars managed to jump versus the greenback, while worries over the tempo of upcoming American rate lifts kept putting pressure on demand for the US currency.
The currency pair AUD/USD gained 0.11% hitting 0.7609.
Market sentiment on the US dollar was still vulnerable after the previous week's minutes of the Fed’s November gathering showed that some Fed officials worried that US inflation would stay below the Fed’s 2% objective for longer than anticipated.
Market participants were also closely watching Tuesday’s confirmation hearing for Fed Chair candidate Jerome Powell, with expectations he might provide some extra clues on future policy decisions.
Additionally, investors also kept focusing on a potential American tax reform plan. On Tuesday, Donald Trump was braced for meeting Senate Republicans to negotiate the party's efforts to have tax reform legislation passed.
The currency pair NZD/USD rallied 0.26% being worth 0.6933, which is the highest value since October 11.
On Thursday, the major US currency kept bargaining near a 13-month maximum because the political downtime in Turkey receded, while worries as for China's economic health kept backing safe-haven assets…
On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…
On Tuesday, the common currency kept to a one-year minimum versus the evergreen buck and the Swiss franc…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
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…
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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