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On Friday, the evergreen buck kept going down because key banks indicated that the epoch of cheap money was approaching its end in a boon to the euro, the Canadian dollar and the British pound while Asian shares were affected by dismal performances of EU and American markets.
Global stock market indexes are set for more revenues by the end of 2017, powered by an economic revival in the EU as well as bright prospects for Asia. That’s what a Reuters survey of 300 financial professionals disclosed.
The dollar index went down 0.1%, trading at 95.549, braced for a 1.8% dip this week, having sagged in all sessions.
The Korean won lost versus the greenback after the country posted industrial output grew by 0.2% in May from the previous month, missing hopes for surge of 1.5%. It followed a 2.2% sag in April.
Versus the Korean won the greenback soared 0.1%, trading at 1,142.5 won.
The US dollar sank 0.25%, being worth 111.95 yen, having lost 0.2% on Thursday.
On Tuesday, the evergreen buck traded below the five-month maximum, taking a breather after the soar underpinned by soaring yields on US government bonds as well as easing tensions in US-China trade relations…
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
On Friday, the US dollar slumped against the common currency during Asia trade after a moderate soar the day before…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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