Greenback drops as American data keeps weighing

Greenback drops as American data keeps weighing

On Tuesday, the evergreen buck declined versus other key currencies, as last session’s dismal American economic reports kept weighing and trading was supposed to remain quiet with no American data set to be published throughout the trading session.

The currency pair EUR/USD grew 0.17%, being worth 1.0916.

The US dollar was still under pressure after the Institute of Supply Management told that in April its manufacturing purchasing managers’ index sagged to 54.8 from 57.2 last month, compared to hopes for a drop to 56.5.

A separate report unveiled that in March American personal spending was intact, thus ruining hopes for a 0.2% ascend and after a 0.1% surge.

The currency pair GBP/USD stood still, showing 1.2887.

As for USD/JPY, this currency pair added 0.19%, trading at 112.06, thus demonstrating the highest value since March 31.

The Australian dollar didn’t change, with AUD/USD, keeping to 0.7528 after the country’s major bank left its interest rate intact at 1.50%. 


Aussie heads south in Asia

On Tuesday, the Australian dollar went down in Asia because the country’s major bank minutes illustrated rather a dismal picture for wage inflation…

Euro goes down in Asia as Germany coalition negotiations fail

On Monday, the common currency dived in Asia because German Chancellor Angela Merkel told that she would meet the German president for the purpose of informing him that she hadn’t managed to form a coalition government with the Greens as well as the…


promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later