Evergreen buck tacks on

Evergreen buck tacks on

On Thursday, the major American currency managed to gain ground versus a pack of its rivals, while the Russian rouble slumped on sanctions worries and the New Zealand dollar reached a two year minimum on a dovish stance of the country’s major bank.

Estimating the purchasing potential of the greenback against a number of its main counterparts the USD index tacked on by up to 0.13% hitting 95.08.

The evergreen buck was nearly intact versus the Japanese yen. Eventually, the currency pair USD/JPY demonstrated 111.02 having dived to about 110.71 overnight ahead of the highly anticipated bilateral trade negotiations between Japan and America in Washington.

The common currency managed to edge down versus the evergreen buck. The currency pair EUR/USD slipped by nearly 0.19% trading at 1.1588.

The euro also declined against Japan’s currency. The currency pair EUR/JPY dipped to 128.76.

The UK currency was struggling near one-year minimum versus the common currency and the evergreen buck. The currency pair GBP/USD showed 1.2857, while EUR/GBP hit 0.9011 against the backdrop of soaring worries as for the prospect of the United Kingdom to leave the European bloc even without a trade deal in place.

Besides this, the New Zealand dollar steeply sank. The currency pair NZD/USD dipped by 1.16% being worth 0.6656, which is its weakest value since mid-March 2016.

The dip in the New Zealand dollar occurred after the Reserve Bank of this country told that it’s not going to change its interest rates for two years. However, the bank stressed that rates can be lowered if required.

As for the Australian dollar, it stood still. The currency pair AUD/USD demonstrated an outcome of 0.7424.

Furthermore, China’s Yuan went down versus the evergreen buck. Traditionally controlled by the government, in offshore trade China’s currency hit 6.8287.

 

Similar

How to trade the JPY?
How to trade the JPY?

Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:

Latest news

Crucial News For The Following Week
Crucial News For The Following Week

Consumer Price Index, Existing Home Sales, US Fed rate decision - all of these things we will discuss in our new review. Don't miss it out!

Deposit with your local payment systems

Feel the Team Spirit

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.

Callback

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