Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
Greenback dips versus yen In Asia as NKorea tensions revive
On Tuesday, the evergreen buck sank versus the Japanese yen because key bank minutes from Japan demonstrated no surprises, although market participants were still cautious as for tensions on the Korean peninsula, including a recent bunch of threats from Donald Trump.
The currency pair USD/JPY hit 111.62, sliding 0.11%, AUD/USD reached 0.7948, ascending 0.14%. As for EUR/USD, this currency pair grew 0.10% being worth 1.1860.
On Tuesday, the Bank of Japan also issued its monetary policy gathering minutes, which revealed that policymakers are geared up towards sticking with their current policy framework. The minutes also hinted there was solid reason to be optimistic as for consumer prices due to the fact measures of inflation expectations had stopped going down.
Gauging the greenback’s value versus a trade-weighted basket of six key currencies, the US dollar index went down 0.08% trading at 92.37.
Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
The Bank of Canada (BOC) will publish the rate statement and the update on the interest rate on April 21, at 17:00 MT time.