Greenback sags versus yen in Asia

Greenback sags versus yen in Asia

On Wednesday, the evergreen buck dived in Asia following a forecast win for a democrat nominee in a fierce US Senate race with probable implications for Trump's tax cuts.

The currency pair USD/JPY hit 113.19, sliding 0.32%, AUD/USD reached 0.7575, showing an outcome of 0.22%.

On Tuesday, democrat Doug Jones of Alabama managed to score an upset win in a fully Republican state, grasping the US Senate seat and driving a wedge in the Republican party and giving Democrats another burst of momentum prior to the 2018 midterm races.

The race was monitored by financial markets due to the anticipated impact on a razor-thin margin in the US Senate ahead of an approaching final vote on Trump's tax cut initiative.

A bit earlier, Japan informed that in October core machinery orders gained 5% versus a 2.8% jump observed on month.

Assessing the greenback’s value versus a trade-weighted basket of six important currencies, the US dollar index went down 0.18% being worth 93.89.

Similar

Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

Latest news

Bank of Canada Surprises Markets
Bank of Canada Surprises Markets

The CAD is dominating the markets after the key rate increase! Read the full report to learn more about trading opportunities with the Canadian Dollar!

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

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