Key crypto assets leap
On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Euro surges to five-month peak vs. greenback on French election relief
On Monday, the common currency managed to scale five-month peaks against the greenback in early Asia trade after the key candidate swept to victory in the first round of the French presidential election, thus minimizing the risk of an anti-establishment shock of the final round.
A pro-EU ex-banker and ex-economy minister Centrist Emmanuel Macron, arose as the leader of the first round of voting, thus qualifying for a May 7 runoff along with Marine Le Pen, the second finisher, far-right leader.
In next month’s election his victory might make him the frontrunner. Undoubtedly, it marked a shocking defeat for the two center-right as well as center-left groupings, which have dominated French politics for up to 60 years.
The common currency soared 0.9%, hitting $1.0868, having ascended as high as $1.0940, its highest value since November 10. Against the Japanese yen, it grew 2.3% to 119.66, having touched a one-month peak of 120.935.
Similar
Evergreen buck surges, UK pound dives
On Friday, the evergreen buck managed to inch up versus its primary counterparts…
Daily news: traders remain optimistic
The USD index is showing small declines on Friday after a big selloff on Thursday…
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
