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On Thursday, the evergreen buck tacked on, paring some of the losses it faced after Donald Trump told that a shutdown of the government was probable and even threatened to cancel the North American Free Trade Agreement.
On Thursday, Trump warned that he might terminate the NAFTA trade treaty with Canada and Mexico after three-way negotiations didn’t managed to bridge deep differences. Additionally, he told he might shut down the government if he fails to obtain funding to erect a wall on the US-Mexico border.
His remarks emerged ahead of a looming debate in Congress as for lifting the debt ceiling, and also knocked the US currency lower on Wednesday.
On Thursday, the evergreen buck managed to regain some ground. Against the Japanese yen, the US currency went up 0.1% being worth 109.19 yen, having dropped 0.5% on Wednesday.
The greenback’s upside potential seems restricted for now, as some financial experts point out.
On Tuesday, the evergreen buck kept to the highest levels of 2018 against the backdrop of hopes for higher American interest rates, while the UK currency rebounded from one-and-a-half week minimums notwithstanding everlasting Brexit uncertainty…
On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…
The most popular digital coin, Bitcoin is still firm on Monday notwithstanding a recent rebound from $6,500…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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