Crypto assets slump amid market selloff
On Tuesday, key crypto assets declined in Asia due to the fact that digital token companies are reducing their staff in the face of a huge market selloff…
Greenback index declines with eyes on Fed verdict
On Wednesday, the evergreen buck tumbled versus other key rivals because market participants were still cautious ahead of the Fed’s policy decision due later in the day and amid renewed geopolitical concerns.
The currency pair EUR/USD gained 0.12% getting to one-week maximum of 1.2010.
Market sentiment on the US currency was still fragile because market participants waited for the result of the Fed's monthly policy gathering.
The Fed was generally believed to leave interest rates intact, although it was expected to unveil plans to adjust its $4.2 trillion in bond holdings.
Market participants were cautious following renewed tensions between North Korea and the USA especially considering Trump’s recent hawkish statements.
Aside from that the currency pair GBP/USD leapt 0.18% being worth 1.3525, drifting away from Monday's 15-month maximum of 1.3619.
NZD/USD rallied 0.77% reaching a six-week peak of 0.7370.
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