On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Greenback is nearly intact against other majors
On Friday, the evergreen buck was nearly intact versus other key currencies because geopolitical tensions re-emerged as well as market participants monitored the issue of American economic reports later in the day.
The financial markets were jittery right after Donald Trump told he’s about to either renegotiate or even cancel terminate a trade deal with South Korea.
The comments arose after Trump told there’s a high probability that America could have a war conflict with North Korea.
The currency pair USD/JPY stood still, showing 111.22, following data, unveiling that in March Japan’s household spending dipped 2%, compared to hopes for a 0.8% drop.
Traders were also looking ahead to the publication of reports on American first-quarter growth as well as consumer sentiment.
As for EUR/USD, the pair didn’t change, keeping to 1.0871, having weakened broadly on Thursday.
GBP/USD stood still too, trading at 1.2904, off a six-month high of 1.2916 reached overnight.
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…