Evergreen buck is steady
On Friday, the major US currency was still steady, and the British pound dived a bit…
Euro is steady with focus on Sunday's French presidential election
On Friday, the common currency stood still below a three-week peak against the greenback, as market participants waited for this weekend's first round of voting in the French upcoming presidential election.
The evergreen buck was little changed against a basket of six crucial currencies, keeping to 99.815, after the latest data on American jobless claims as well as business activity in the mid-Atlantic region failed to change investors’ views of modest American economic surge as well as low inflation.
The common currency was intact at $1.0718, having surged to $1.0778 on Thursday, its highest value since late March, as market participants shut down broad bets against the euro ahead of Sunday’s French vote.
The euro traded steady against the Japanese yen, showing 117.10 yen and staying below Thursday's peak of 117.81 yen, which was the highest value since April 10.
As for the US dollar, it held steady vs. the Japanese yen at 109.28 yen, having climbed 0.4% on Thursday.
Similar
Japanese yen drifts away from two-week maximum
On Friday, the Japanese yen drifted away from a two-week maximum versus the evergreen buck after North Korea told that it was still open for negotiations with the United States…
British pound and euro dive after the release of weak economic reports
On Wednesday, the euro and British pound approached their five month-lows after the disappointing economic reports…
Popular
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Gold edges down toward 3-week minimum after Congress hits spending deal
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
Crude edges down in Asia on Caixin PMI
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
Deposit with your local payment systems
