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On Thursday, the evergreen buck hit its highest value in nearly two weeks versus the Japanese yen, underpinned by this week's ascend in American bond yields, with the market's attention shifting to who’s going to head the Fed as well as this weekend's Japanese election.
Gauging the US currency’s strength versus a basket of six main rivals, the US dollar index slightly grew , showing 93.389.
The US currency grew to 113.095 yen during early Asian trade. That’s its strongest outcome since October 6.
This week's leap in American bond yields gave support to the greenback. Evidently, the two-year American Treasury yield grew to its highest value since November 2008 on the back of hopes for tighter global monetary policy.
On Wednesday, the benchmark American 10-year Treasury yield hit a one-week maximum of 2.352%, and it last traded at 2.342%, having ascended six basis points this week.
North Korea's unknown hacking group, Lazarus has made an incredible thing – the hackers from the isolated country have managed to thieve more than half a billion US dollars in crypto assets…
On Friday, the evergreen buck moved down, as bond gains kept holding close to a one week maximum, while the common currency managed to tack on…
On Thursday, Bitcoin generally dived, proceeding with its losing marathon…
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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