On Thursday, the UK currency managed to ascend after news that British Prime Minister Theresa May had support from her government for a draft Brexit pact secured…
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 Wednesday, the major US currency managed to pare back earlier profits…
On Tuesday, the evergreen buck kept to the highest levels of 2018 against the backdrop of hopes for higher American interest rates, while the UK currency rebounded from one-and-a-half week minimums notwithstanding everlasting Brexit uncertainty…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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…