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On Friday, the evergreen buck rose moderately in early Asia trade, reacting to a suspected terrorist shooting in Paris ahead of the first round of the presidential election at the weekend, which sent jitters through the financial markets, although the common currency held revenues too.
One policeman was murdered and two suffered injuries after a gunman suddenly opened fire in central Paris, Thursday night.
The shooting occurred just before voters head to the polls in an extremely contested presidential race, including centrist Emmanuel Macron as well as far-right candidate Marine Le Pen, who lead the pack.
The US dollar index, estimating the greenback’s value against a trade-weighted basket of six main currencies, jumped 0.01%, getting to 99.72.
The currency pair USD/JPY hit 109.34, edging up 0.03%, while AUD/USD reached 0.7515, tumbling 0.15%. As for the currency pair EUR/USD, it was last quoted up 0.03%, being worth 1.0717.
On Friday, the evergreen buck slumped after Donald Trump had the Federal Reserve heavily criticized for lifting interest rates, although it was still on target for a second winning week…
American multinational companies get down to reevaluating their currency hedging strategies following a leap in the evergreen buck for recent months because the impact of the stronger US currency starts influencing second-quarter corporate profits…
On Wednesday, the British pound headed south to the lowest value for 10 months versus the broadly stronger greenback because suddenly dismal British inflation data decreased chances for an August rate lift by Britain’s key financial institution…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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