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On Tuesday, in Asia, the US currency gave up early revenues, with the Japanese yen on the rebound having dropped overnight on hopes for continued monetary as well as fiscal stimulus in the wake of snap surveys at the weekend.
The currency pair USD/JPY demonstrated 113.32, decreasing 0.11%, AUD/USD hit 0.7817, soaring 0.12%, while EUR/USD rallied 0.12% being worth 1.1763.
As for the US dollar index, tracking the greenback’s value against a trade-weighted basket of six key counterparts, it slumped 0.11% showing 93.62.
Overnight, the evergreen buck traded at three-month maximums versus the Japanese yen because market participants expected the BOJ to keep losing monetary policy measures after Japanese Prime Minister Shinzo Abe managed to win a snap election for his party.
The soar in the evergreen buck pressured the common currency. The euro dived to a nearly one-week minimum amid everlasting political uncertainty in Spain.
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On Friday, the evergreen buck moved down, as bond gains kept holding close to a one week maximum, while the common currency managed to tack on…
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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…
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