Greenback reaches one-week peak vs. yen on positive American data

Greenback reaches one-week peak vs. yen on positive American data

On Friday, the evergreen buck reached a one-week peak versus the Japanese yen, following positive American private sector job figures. Meanwhile, the closely-watched non-farm payrolls could potentially provide another spur.

The US dollar reached 111.680 yen, which is its highest outcome since May 26, before rebounding to 111.580, to maintain a 0.2% revenue on the day.

The evergreen buck also obtained an extra lift as Japan's Nikkei hit a 22-month high after Wall Street demonstrated record peaks. It definitely tamed demand for the Japanese yen.

The Australian dollar traded 0.2% higher, showing $0.7388, getting some ground, reacting to its steep slide on Thursday.

On Thursday, Australia’s major currency lost 0.75% just to plumb a four-week minimum of $0.7372, following news of a sudden dip in China's manufacturing activity.

As for the New Zealand dollar, it grew 0.1%, hitting $0.7072.

 

 

Similar

British pound dives to day’s minimums on UK inflation data

On Tuesday, the British pound went down to the day’s minimums versus the evergreen buck due to slowing inflation in December, which slowed for the first time for six months, hinting that the country’s cost of living squeeze relieved…

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data…

Popular

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…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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