Evergreen buck dives versus yen

Evergreen buck dives versus yen

On Monday, the evergreen buck dived a bit versus the Japanese yen since the beginning of trade, staying below the two-month maximum, after the market got some clarity after the missile strikes on Syria by the United States as well as its allies on the weekend. However, soon the US currency lost its positions and kept going down during Asia trade.

The currency pair USD/JPY dived 0.20% coming up with a reading of 107.19. The anti-risk yen gains demand in times of market turmoil. Besides this, Japan’s trade figures are going to be released on Wednesday.

On Saturday, the US, France along with Great Britain launched up to 105 rockets aimed to three power facilities in Syria, thus responding to the hypothetical use of chemical weapons in Syria on April 7.

On Sunday, Russian President Vladimir Putin stressed that further attacks by the Western nations on Syria would provoke another world chaos.

According to a phone talk with his Iranian partner Hassan Ruhani, Putin and Ruhani agreed that with their missile attack the West had ruined the chances of coming to a sound political solution in the seven-year conflict in Syria, the Russian government told in a statement.

Vladimir Putin emphasized that if such outrageous actions committed in violation of the UN Charter keep unrolling, it will undoubtedly lead to a huge mess in international relations.

Additionally, US Ambassador to the UN Nikki Haley informed that the United States will announce on Monday new economic sanctions aimed at companies and related to Syrian President Bashar Assad in response to the hypothetical use of chemical weapons.

As some market experts pointed out the reaction in the foreign exchange market turned to be limited, as President Trump warned in advance about a possible attack on Syria, thus giving traders enough time to participate in this event.



Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera