Greenback revives from drops vs key counterparts as North Korea fears relieve

Greenback revives from drops vs key counterparts as North Korea fears relieve

On Wednesday, the major American currency drifted away from the previous session's 4-1/2 month drops versus the Japanese yen because traders’ worries over North Korea's latest missile launch relieved for now. Meanwhile, the Australian dollar edged up on positive construction data.

Tracking the greenback's value versus a basket of six major currencies, the dollar index gained 0.1% hitting 92.292, having revived from Tuesday's minimum of 91.621, which is its lowest value since January 2015.

The evergreen buck last reached 109.77 yen, soaring from Tuesday's minimum of 108.265 yen, which is its lowest value since mid-April.

North Korea's launch of another ballistic missile on Tuesday over Japan's northern territory naturally worried market participants. The launch generated a dip in American bond yields as well as a drop in the evergreen buck versus the Japanese yen that tends to derive benefits during times of uncertainly and downtime on the assumption that Japanese traders are going to repatriate funds.


US Dollar index keeps edging up on American upbeat mood

On Friday, the evergreen buck kept tacking on versus other key currencies after the minutes of the Fed’s latest policy gathering along with Thursday’s upbeat data powered optimism as for the strength of the American economy…

Evergreen buck is at 1-1/2 week maximums on Fed minutes

On Thursday, the main US currency was seen at one-and-a-half week maximums versus a group of key rivals, following overnight revenues after minutes of the Fed’s January gathering underlined hopes for faster lifts in American interest rates…


Crude edges down in Asia on Caixin PMI

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…

promotions you can be interested in

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