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On Monday, the evergreen buck held weaker versus the Japanese yen in Asia because traders failed to get some signs from the key US bank at the weekend on policy as well as the economic impact of the huge Hurricane Harvey in Texas was still being estimated.
Measuring the greenback’s value against a trade-weighted basket of six crucial currencies, the US dollar index lost 0.02% being worth 92.45.
The currency pair USD/JPY hit 109.18 sliding 0.17%. AUD/USD reached 0.06% soaring to 0.7939, EUR/USD declined 0.02% being worth $1.1923. As for GBP/USD, this pair rallied 0.04% trading at 1.2884.
The previous week, the evergreen buck dived versus a basket of the other key currencies on Friday and demonstrated its lowest value versus the common currency in more than two years because market participants digested speeches by global major bank governors.
The US dollar index has declined about 10% so far this year amid everlasting uncertainty over the economic agenda of Donald Trump as well as doubts that the Fed is going to deliver a third rate lift this year.
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…
On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…
The most popular digital coin, Bitcoin is still firm on Monday notwithstanding a recent rebound from $6,500…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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