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On Friday, the evergreen buck went down versus the other key currencies because market participants were still cautious reacting to a terrorist attack in Spain, while American political tensions kept dampening demand for the US currency.
White House Economic Adviser Gary Cohn debunked rumors of his probable departure late Thursday. Nevertheless, ascending opposition to Trump’s positions have powered worries over the administration’s capability to implement its political agenda.
The greenback was suppressed after the minutes of the Fed’s July policy gathering published on Wednesday revealed that members of the key bank are still divided over the necessity to lift interest rates further in 2017.
The Japanese yen and Swiss franc ascended, with USD/JPY tumbling 0.48% hitting 109.05 and with USD/CHF declining 0.25% trading at 0.9607.
The currency pair EUR/USD went up 0.30% being worth 1.1759, drifting away from the previous session’s three-week minimum of 1.1662. Meanwhile, GBP/USD tacked on 0.26% hitting 1.2901.
On Tuesday, the evergreen buck kept to the highest levels of 2018 against the backdrop of hopes for higher American interest rates, while the UK currency rebounded from one-and-a-half week minimums notwithstanding everlasting Brexit uncertainty…
On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…
The most popular digital coin, Bitcoin is still firm on Monday notwithstanding a recent rebound from $6,500…
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…
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