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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.
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
On Thursday, Bitcoin was still below the psychologically crucial $4,000 mark without any clear driver…
Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…
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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