Bitcoin generally tumbles
On Thursday, Bitcoin generally dived, proceeding with its losing marathon…
Greenback fluctuates near three-year minimum
On Monday, the evergreen buck fluctuated close to three-year minimums versus a basket of crucial currencies, struggling to pull ahead from six straight losing weeks amid its fading yield advantage as well as doubts as for the US government’s commitment to a strong US dollar.
The dollar's index versus a basket of six key currencies was intact, sticking to 89.059, having dropped to 88.429 on Thursday - a three-year sink.
The previous week Steven Mnuchin, US Treasury Secretary gave the US dollar bears a powerful boost with a tacit endorsement of a tumbling dollar. While Donald Trump did his best to have those comments debunked, the damage had already taken place and the evergreen buck’s downturn since November demonstrated little sign of abating.
Against the Japanese yen, the US currency fetched 108.72 yen, which is its lowest result since mid-September, proceeding with its dive so far this month to more than 3%.
Similar
Evergreen buck heads north, as bond gains inch up
On Thursday, the evergreen buck managed to rally because bond gains jumped and minutes from the Federal Reserve’s September gathering backed a rate lift in December…
Bitcoin surge stalls
On Wednesday, key crypto assets traded marginally lower…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
