Online Forex broker
On Wednesday, the evergreen buck was nearly intact versus a currency basket due to the fact that resurgent worries over the US-China trade conflict affected demand for risky assets. Meanwhile, the British pound was still on the back foot because a parliamentary debate on the government’s Brexit plan resumed.
On Tuesday, Wall Street went down because a bunch of tweets by American leader Donald Trump had an impact on investor confidence. Trump’s message stated that a full resolution to the US-China trade clash is going to be reached for a 90-day trade truce.
US leader threatened to slap higher levies on China soon unless this Asian country makes a seris of concessions, driving worries over the outlook for global surge.
Fears about American bond markets indicating an impending recession also put pressure on market sentiment.
Gauging the purchasing power of the American dollar versus its main rivals the USD index stood still sticking with 96.93.
Trading volumes were anticipated to stay low, with American markets unavailable for a national day of mourning for ex-US leader George H. W. Bush.
The evergreen buck managed to surge a bit versus the Japanese yen. The currency pair USD/JPY jumped by up to 0.2% trading at 112.99.
As for the common currency, it was nearly intact against the greenback. The currency pair EUR/USD showed 1.1338.
The UK currency jumped a bit against the American dollar. The currency pair GBP/USD headed north by up to 0.13% trading at 1.2732.
On Tuesday, the UK pound went down to its lowest value since June last year after a bunch of defeats in UK Parliament for the country’s Prime Minister Theresa May over her Brexit plan.
The UK currency will probably remain under pressure ahead of the major parliamentary vote on the Brexit agreement on December 11, against the backdrop of fears over whether the vote will pass or not.
The evergreen buck came off Wednesday’s peak in Europe trade, although it’s still firm enough against the backdrop of the news telling that the American economy still demonstrates decent strength…
The United States will publish the level of quarterly advance GDP growth on April 26, at 15:30 MT time.
On Thursday, the common currency nursed losses versus the evergreen buck having slumped to a 22-month minimum on a shocking dive in a leading gauge of economic activity in Germany, boosting fears a deceleration in the EU’s number one economy…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
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…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
