Greenback sags in Asia ahead of Fed policymakers

Greenback sags in Asia ahead of Fed policymakers

On Tuesday, the evergreen buck dipped in Asia with the Fed in focus as policymaker speeches loom, although an extraordinary day of rumors as for Russian meddling in the presidential election bolstered political risk.

Charles Evans, Chicago Fed President told that the major US financial institution will probably wait until June to decide on the next rate lift.

The US dollar index, measuring the greenback’s actual value against a trade-weighted basket of six crucial rivals, dived 0.14% to 100.02. 

Meanwhile, USD/JPY hit 112.60, ascending 0.04%, AUD/SUD reached 0.7719, sliding 0.16% notwithstanding minutes of the Reserve Bank of Australia's March policy gathering that backed market views that policy bias turned to be neutral to a lift as the next move.

Overnight, the major American currency recovered from early session losses to trade moderately higher against a basket of key currencies, as the British pound dropped, following news that Article 50 is going to be triggered next week. 



USD/CAD dives notwithstanding dismal Canadian data

On Monday, the greenback dived versus its Canadian rival notwithstanding the publication of dismal Canadian data because the American government shutdown kept dampening demand for the US currency…

Aussie dives, Kiwi stands still in late trade

On Monday, the Australian dollar sank versus its American rival, while the New Zealand dollar was intact because market participants were still digesting the American government shutdown…


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


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