Online Forex broker
On Monday, the evergreen dollar drifted away from a nine-month minimum versus a basket of major currencies, though remained quite shaky as signs that major banks in the EU were moving away from accommodative monetary policies kept the common currency and sterling backed.
The dollar index versus a group of six crucial currencies surged 0.1%, showing 95.729, crawling away from a nine-month dip of 95.470 hit on Friday.
The US dollar struggled the previous week because hawkish comments from key bankers powered hopes that the ECB, BoE and Bank of Canada would get down to tighter monetary policies.
The greenback gained 0.1%, trading at 112.435 yen, having dipped to 111.900 earlier before rapidly rebounding.
The currency market is currently paying more attention to monetary policy changes in the EU and other regions. The fact that the BoE and BOC are rushing to stabilize their monetary policies turned to be a big surprise the previous week.
On Friday, the evergreen buck edged up against the backdrop of ascending American Treasury revenues to February’s values as well as forecasts of interest rate hikes that turned out to be more important than fears of a probable trade conflict…
On Friday, the British pound traded near two-week minimums against the evergreen buck after comments by the head of the Bank of England as well as the publication of weak data on retail sales in the United Kingdom, while the Japanese yen went down amid a…
Bill Gates, co-founder of Microsoft, investor: “Bitcoin is exciting because it shows how cheap it can be…
On Monday, the euro drifted away from peaks reached in the Asian session because market participants took profits from its revenues after centrist Emmanuel Macron's win over the far-right Marine Le Pen in France's presidential election…
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…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
