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.




Aussie and Kiwi stand still vs. weaker greenback

On Thursday, the Australian and New Zealand dollars were intact versus their American counterpart because the US currency moderately recovered from losses posted after the publication of the minutes of the Fed’s latest policy gathering…


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