Greenback adds in Asia as market shrugs off NKorea

Greenback adds in Asia as market shrugs off NKorea

On Monday, the evergreen buck gained a lot in Asia, with the market monitoring the progress of Donald Trump's first foreign visits as president with a bunch of deals signed in Saudi Arabia in the first stop. Additionally, traders shrugged off the weekend’s recent missile test by North Korea.

In Japan, the trade balance appeared to be weaker than expected, showing ¥482 billion for April, unlike a surplus of ¥521 billion observed.

The currency pair USD/JPY reached 111.57, rallying 0.28% after the data.

The currency pair AUD/USD slumped 0.19%, being worth 0.7447. As for GBP/USD, this pair dipped 0.32%, trading at 1.2993 after an opinion survey demonstrated the lead of conservatives reduction by half in a Survation telephone survey issued on Monday.

The previous week, the greenback resumed its descend on Friday. It notched its greatest weekly dip in almost a year because political turbulence around the Trump administration kept dominating market sentiment.

Similar

Aussie and Kiwi ascend

On Tuesday, the Australian and New Zealand dollars edged up versus their American rival notwithstanding the publication of dismal Australian data because market sentiment on the US currency turned to be vulnerable ahead of the Fed’s last policy gathering…

Greenback is steady with focus on Fed gathering

On Tuesday, the evergreen buck was sturdy enough keeping to two-week maximums against a basket of key currencies, with market participants waiting for the Fed’s policy gathering this week for new catalysts…

Bitcoin futures overleap $18,000

On Monday, the world’s craze for cryptocurrencies entered a fresh chapter as bitcoin futures shockingly ascended by one-fifth of their market value at a closely-monitored launch…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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