Online Forex broker
On Wednesday, the evergreen buck held an upper hand versus other key currencies because market participants weigh the possibility that Donald Trump will opt for a more hawkish Fed chief than Janet Yellen, the current chair.
The US dollar index kept to 93.475. It managed to extend its rebound from Friday's 2 1/2-week minimum of 92.749. On Tuesday, it grew to 93.729.
With the major US bank actually expected to lift interest rates for the third time in 2017 in December, financial markets are currently looking to who’s going to head the Fed after Yellen's term comes to its end next February.
Having a pool of five nominees to choose from for the next Fed Chair, Donald Trump is expected to unveil his choice before leaving for Asia in early November, according to a source already familiar with the situation.
As the evergreen buck soared broadly, while the common currency dipped to $1.1770, being nearly intact during early Asia trade.
On Wednesday, the UK currency managed to strengthen after a dive overnight when the British main legislative body overwhelmingly voted down the country’s Prime Minister Theresa May's Brexit agreement, thus contributing to uncertainties surrounding Great…
On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…
On Tuesday, crypto assets managed to head north…
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…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
