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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.
On Wednesday, the UK currency managed to strengthen after a dive overnight when the British main legislative body overwhelmingly voted down the country’s Prime Minister Theresa May's Brexit agreement, thus contributing to uncertainties surrounding Great…
On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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