Greenback is intact

Greenback is intact

On Wednesday, the evergreen buck was intact versus the other key currencies because market participants were monitoring the publication of American housing sector data, following comments by Federal Reserve officials that generated uncertainty over future rate lifts.

The currency pair EUR/USD soared 0.12%, being worth 1.1147.

The greenback gained support from Monday’s quite hawkish remarks made by New York Fed president William Dudley. The official spurred hopes for the Fed to keep increasing interest rates.

The currency pair GBP/USD sank 0.13%, being worth 1.2615. It’s because the UK Office of National Statistics announced that in May public sector net borrowing tacked on by £5.99 billion, compared to hopes for a leap of £7.00 billion.

In April, public sector net borrowing gained £8.68 billion.

Meanwhile, the currency pair USD/JPY lost 0.21%, hitting 111.22, while USD/CHF leapt 0.11%, showing 0.9739. USD/CAD gained 0.19%, trading at 1.3293.

Similar

British pound dives to day’s minimums on UK inflation data

On Tuesday, the British pound went down to the day’s minimums versus the evergreen buck due to slowing inflation in December, which slowed for the first time for six months, hinting that the country’s cost of living squeeze relieved…

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data…

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera