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On Monday, the evergreen buck steadied versus a basket of key currencies, having lost on soft American economic data, with market participants waiting for comments by a top Federal Reserve representative for clues on whether recent surge can be sustained or not.
Versus a group of main currencies the dollar index stood still at 97.187.
The index has soared to a two-week peak of 97.560 last week after the Fed lifted interest rates and also kept the door open for another lift this year. However, its soar was suppressed by Friday's weaker-than-expected housing as well as consumer sentiment data.
The major American currency soared 0.15%, hitting 111.020 yen. It had achieved a two-week high of 111.420 on Friday before the American data-induced rebound.
The common currency treaded water, demonstrating $1.1198, having soared approximately 0.5% on Friday.
As for the British pound, it was nearly intact at $1.2770.
On Thursday, the evergreen buck slumped to an almost four-month minimum versus its counterparts because market participants bet on an everlasting rebound in emerging-market currencies in the face of improve market sentiment in developing economies…
On Thursday, literally all of the large-market-cap crypto assets found themselves in the green, reporting firm profits across the board, according to Coin360 data…
On Wednesday, the evergreen buck declined because the Japanese yen kept to a two-month minimum due to the fact that market participants had the latest trade reports digested…
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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