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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 traded below the five-month maximum, taking a breather after the soar underpinned by soaring yields on US government bonds as well as easing tensions in US-China trade relations…
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
On Friday, the US dollar slumped against the common currency during Asia trade after a moderate soar the day before…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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