Greenback is nearly intact notwithstanding dive on Wall Street
On Wednesday, the evergreen buck stood still notwithstanding a dive in American equities overnight…
Aussie goes down in Asia
On Wednesday, the Aussie dived in Asia, while the evergreen buck staged a moderate rebound because Donald Trump had North Korean leader Kim Jong-un taunted on Twitter.
The currency pair AUD/USD dived 0.14% being worth 0.7819, USD/JPY hit 112.34, rising 0.05%.
Tracking the greenback’s value versus a trade-weighted basket of six key currencies, the US dollar index rallied 0.07% being worth 91.62.
Overnight, the US currency declined to more than three-month minimums versus a basket of key currencies because investors waited for major economic data releases scheduled for this week.
The US currency made a subdued to start to 2018, diving to more than three month minimums amid a lack of top-tier economic data as well as lower trading volumes.
The minutes of the Fed December gathering along with non-farm payrolls data scheduled for later this week, are actually expected to get 2018 underway in earnest because investors look for clues on monetary policy and also the overall progress of the labor market.
Similar
Bitcoin dives 14%, slumping below $5,000
On Tuesday, crypto assets dived, with Bitcoin decreasing below the psychologically crucial $5,000 mark for the first time this year…
Yuan goes down
On Monday, the Chinese Yuan headed south, while the evergreen buck rallied because US-China relations worsened over the weekend…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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…
Greenback edges down
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…
Deposit with your local payment systems
