On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
Greenback drifts away from minimums reached on dismal American jobs data
On Monday, the evergreen buck soared, while staying not far from the seven-month minimum versus a currency basket after gloomy American employment data helped traders to pare back hopes for Fed rate lifts.
The dollar index, assessing the major American currency’s value versus six crucial rivals, acquired 0.1%, hitting 96.798, which is not far from Friday's outcome of 96.654, its lowest value since November 9.
The British pound went down, suppressed by the third terrorist attack in the UK, which murdered seven people on Saturday.
In May, American nonfarm payrolls tacked on by 138,000, as Labor Department data disclosed on Friday, hinting that the labor market was losing momentum notwithstanding the unemployment rate sagging to a 16-year minimum of 4.3%. Financial experts surveyed by Reuters had predicted a soar of 185,000.
The greenback gained 0.2% versus the Japanese yen, hitting 110.57, having brushed a two-week minimum of 110.25 earlier in the trading session.
Will we finally see any price action for Bitcoin?
On Thursday, digital coins declined due to the fact that JP Morgan uncovered its own crypto asset expected to help the well-known bank to settle payments between its customers…
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…