Greenback reaches one-and-half-month maximums as yields soar on improved American economic outlook

Greenback reaches one-and-half-month maximums as yields soar on improved American economic outlook

On Tuesday, the evergreen buck reached a 1-1/2-month maximum because Treasury yields grew after a strong reading for American manufacturing activity hardened expectations for US interest rates to go up by the year-end.

The US dollar index gained 0.3% versus a basket of six crucial currencies, showing 93.847 having hit 93.891, which is its highest value since August 17.

The benchmark 10-year Treasury yield tacked on to 2.348% having briefly hit a three-month maximum of 2.371% overnight.

Debt yields along with equities grew - Wall Street stocks hit record peaks after a measure of American manufacturing activity for September published on Monday demonstrated a soar to a 13-1/2-year maximum.

The common currency slumped 0.2% being worth $1.1707 having brushed $1.1702, its weakest outcome since August 17.

The evergreen buck that initially dipped to 112.660 yen, gained 0.3% showing 113.080 yen. Apparently, a jump above 113.260 would take the US currency to its highest value since mid-July.



Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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