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On Monday, the Australian and New Zealand dollars went down versus its American counterpart because the US dollar started recovering from last session's steep losses and as financial markets kept focusing on the impact of natural disasters in America.
The currency pair AUD/USD decreased 0.09% sticking 0.8048, having reached a 28-month high of 0.8125 on Friday.
Diminished hopes for a third rate lift in 2017 coupled with concerns regarding the economic impact of hurricanes in the southeastern US put pressure heavily on the US currency.
On Saturday, Donald Trump told that he’s going to ask Congress to step up its efforts to overhaul the American tax code, hinting at the potential impact of Hurricane Irma.
The currency pair NZD/USD tumbled 0.17% being worth 0.7254, off Friday's two-week maximum of 0.7337.
Traders had been worried about a probable North Korean missile test on Saturday, just to commemorate their national holiday.
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…
On Monday, the evergreen buck managed to rally versus its rivals, although profits were tamed because the common currency went down from a 13-month minimum notwithstanding another rout in Turkey’s currency…
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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