On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Greenback clings to revenues after Trump tax plan disappointment
On Thursday, the evergreen buck clung to revenues versus the Japanese yen after Donald Trump's tax plan provided no fresh surprises, thus halting the greenback's soar, while the market waited for the ECB’s upcoming monetary policy verdict.
The Canadian dollar along with Mexican peso also lost steam on data that America’s actually considering withdrawing from the North American Free Trade Agreement.
The dollar index against a bunch of main currencies stood still, keeping to 98.931, having surged to 99.332 overnight.
The evergreen buck surged 0.15%, hitting 111.220 yen.
The major American currency had soared to a four-week peak of 111.780 yen overnight before the disclosing of Trump's tax reform plan, though it lost traction because it didn’t manage to excite market participants.
The common currency ascended 0.1%, trading at $1.0911.
By the way, the Mexican peso slid to a more than one-month minimum of 19.29 pesos per greenback overnight.
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…