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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 Monday, the evergreen buck declined versus its counterparts on worries of an escalation in the US-China trade conflict, while a stronger UK currency and euro also put pressure on market sentiment…
On Monday, crypto assets stood still…
On Friday, the evergreen buck went down versus other currencies after weaker than anticipated inflation data because market participants worried that the key US bank could decelerate rate lifts…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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…
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