Evergreen buck heads north, as bond gains inch up

Evergreen buck heads north, as bond gains inch up

On Thursday, the evergreen buck managed to rally because bond gains jumped and minutes from the Federal Reserve’s September gathering backed a rate lift in December.

Evaluating the purchasing power of the major American currency against a number of its primary rivals the USD index managed to jump by up to 0.13% coming up with a reading of 95.47.

On Thursday, Treasury gains managed to soar, with America’s 10-Year note approaching a one-week maximum of 3.211% as well as the 2-year note at a 10-year maximum. The ascend in bond gains occurred after hawkish Fed minutes disclosed the major financial institution’s conviction in gradually lifting interest rates in December and later.  

The very likelihood that the Federal Reserve would have its rate lifted at its gathering in December was priced in at about 83.4%. That’s what Fed Rate Monitor Tool disclosed.

The evergreen buck managed to gain versus the Japanese yen. As a matter of fact, the currency pair USD/JPY headed south by 0.12% being worth 112.53. Additionally, data overnight revealed that Japanese exports inched down for the first time since 2016, contributing to fears over the influence of the US-China trade conflict on global surge.

In addition to this, the UK currency declined due to the fact British Prime Minister Theresa May had political clashes with her party after the statesman conceded that the United Kingdom might require extending its transition period from Brexit. The currency pair GBP/USD went down by 0.34% coming up with an outcome of 1.3069. The common currency declined too. The currency pair EUR/USD headed south by 0.14% reaching 1.1486.

Besides this, the Australian dollar gained. The currency pair AUD/USD soared by 0.27% being worth 0.7127. The currency pair NZD/USD surged by 0.20% showing 0.6563. USD/CAD added 0.12% trading at 1.3035.




Latest news

Will USD Stop Falling Today? Market Wrap
Will USD Stop Falling Today? Market Wrap

The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong. 

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