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On Wednesday, the evergreen buck declined versus a basket of currencies and also dived against the common currency in thin holiday trade. Meanwhile, a soar in commodity prices helped to push the Canadian as well as Australian dollars to their highest value in two months.
Market participants told that there was little news to back the euro's ascend, although some traders have hinted at a probable strengthening in the euro into the new year after a stellar 2017 in which the common currency had its best year versus the US dollar since 2003.
As for sterling markets, they were quiet – the British pound gained 0.1% being worth $1.338.
On Tuesday, crude had soared to 2-1/2 year maximums, underpinned by news of an explosion on a Libyan oil pipeline and also voluntary OPEC-led supply cuts. On Wednesday, copper leapt to their highest value for three and a half years.
The greenback went down 0.1% versus a basket of key currencies hitting 93.193.
On Friday, the evergreen buck declined versus its counterparts due to the fact that Fed Vice Chairman Richard Clarida expressed concerns as for global surge and came up with quite dovish remarks on monetary policy…
On Friday, the UK currency managed to inch up notwithstanding worries over Brexit as well as the resignation of major statesmen in Prime Minister Theresa May’s cabinet…
On Thursday, the evergreen buck surged versus its counterparts because mostly bullish economic data managed to reaffirm investor hopes that the American economy is still on firm footing, while a dive in the UK currency also backed sentiment…
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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