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On Wednesday, the Australian and New Zealand dollars ascended versus their American counterpart because a delay on the American healthcare vote suppressed the greenback.
The currency pair AUD/USD managed to soar 0.37%, trading at 0.7612.
The US currency went down after on Tuesday American Senate Republicans dared to postpone a vote on the Trump administration’s healthcare bill because they experienced resistance from party members.
Market participants think that the Trump administration won’t be able to implement tax dips as well as fiscal stimulus steps, without passing the healthcare bill first.
The currency pair NZD/USD edged up 0.26%, trading at 0.7289, having demonstrated a four-month peak of 0.7344 on Tuesday.
On Tuesday, in a highly-anticipated speech Fed Chair Janet Yellen told that banks happen to be much stronger than expected and another financial recession isn’t approaching.
On Monday, the evergreen buck declined versus its counterparts on worries of an escalation in the US-China trade conflict, while a stronger UK currency and euro also put pressure on market sentiment…
On Monday, crypto assets stood still…
On Friday, the evergreen buck went down versus other currencies after weaker than anticipated inflation data because market participants worried that the key US bank could decelerate rate lifts…
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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