Greenback is nearly intact against other majors

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.


Latest news

Greenback edges down

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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