On Tuesday, the evergreen buck traded below the five-month maximum, taking a breather after the soar underpinned by soaring yields on US government bonds as well as easing tensions in US-China trade relations…
Evergreen buck stands still backed by US Treasury bonds
On Thursday, the US currency stabilized to a basket of leading currencies, underpinned by a rise in US Treasury bond yields. It’s because investor appetite for risky assets improved, although the continued concern about the Washington-Beijing trade dispute limited the growth of the currency.
The US dollar index dived 0.02%, diving to 89.608 having ascended 0.1% on Wednesday.
The evergreen buck tacked on by 0.17% to yen to 107.41 yen.
Strengthening of the dollar was limited taking into account the growth in yield on 10-year treasury bonds, which gained more than 5 basis points yesterday, demonstrating the maximum one-day revenue since March 2.
The common currency rallied by 0.07% to $1,2381 after a slight ascend the day before.
The Japanese yen didn’t react to the meeting between US President Donald Trump and Japanese Prime Minister Shinzo Abe, who agreed to intensify consultations on trade issues.
The Turkish lira went down versus the dollar after rising more than 2% the day before due to the fact that the country's President Tayyip Erdogan called for early elections in June, which is more than a year earlier than planned.
The Turkish lira dived by 0.21% against the Us dollar hitting 4.02 lira per dollar.
The Canadian dollar dived 0.6% to the US dollar after the comments of the Bank of Canada, which investors found not aggressive enough.
On Wednesday, the regulator told that it will keep lifting the rate, refraining from this decision at the end of the April meeting, but noted that it does not know when it will be required and how aggressive the policy should be tightened to keep inflation.
On Thursday, the Canadian dollar rose 0.07% to C$1.2618, although drifted away from the seven-week maximum of C$1.2528 hit before the regulator's gathering.
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
On Friday, the US dollar slumped against the common currency during Asia trade after a moderate soar the day before…
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…
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…
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…