Evergreen buck stands still backed by US Treasury bonds
On Thursday, the US currency stabilized to a basket of leading currencies, underpinned by a rise in US Treasury bond yields…
Greenback is pressured by mediocre American data as jobs report awaited
On Friday, the evergreen buck stayed off this week's minimums in cautious trade because market participants waited for major monthly American employment data after other poor economic data cast doubts on whether the US major bank will lift interest rates again in 2017.
The dollar index, normally gauging the US currency versus a bunch of six rivals, didn’t change, sticking to 92.688, braced for a moderate weekly decline. It stood above this week's 2-1/2-year minimum of 91.621 reached amid renewed tensions on the Korean peninsula.
On Friday, Japanese Finance Minister Taro Aso announced that he was cancelling a scheduled trip to America for preparatory economic negotiations because of national security uncertainties generated by North Korea after it launched a ballistic missile, which flew over Japan on Tuesday.
Versus the Japanese yen, the evergreen buck soared 0.1% hitting 110.04, gaining 0.6% for the week and quite above this week's 4-1/2-month drop of 108.265 yen.
Similar
British pound heads south to a minimum after the release of the report on UK inflation
On Wednesday, the British pound went down to a minimum of the trading session after the report informed that inflation in the United Kingdom in March headed south to a minimum for the last year, which reduces the chances of an interest rate lift by the…
Evergreen buck tacks on vs. yen thanks to upbeat American economic data
On Wednesday, the evergreen buck managed to tack on versus the Japanese yen…
Popular
Common currency gives up revenues as Macron wins French election
On Monday, the euro drifted away from peaks reached in the Asian session because market participants took profits from its revenues after centrist Emmanuel Macron's win over the far-right Marine Le Pen in France's presidential election…
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
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…
Deposit with your local payment systems
