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On Friday, the US currency dived versus other key currencies, amid concerns of a probable government shutdown on Saturday.
Market sentiment on the US dollar was quite vulnerable because American lawmakers were struggling to come to a compromise as for a federal budget deal on Thursday.
The evergreen buck has also been suppressed by worries that the global economic revival is going to outpace American surge and also help other key financial institutions, including the ECB to start unwinding loose monetary policy at a faster tempo.
Gauging the greenback’s value versus a trade-weighted basket of six crucial currencies, the US dollar index slumped 0.13% hitting at 90.19.
The common currency ascended, with EUR/USD adding 0.15% reaching 1.2256, GBP/USD stood still at 1.3900.
The Japanese yen and the Swiss franc managed to grow, with USD/JPY sliding 0.25% to 110.82 and USD/CHF losing 0.18% being worth 0.9570.
On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
Will we finally see any price action for Bitcoin?
On Thursday, digital coins declined due to the fact that JP Morgan uncovered its own crypto asset expected to help the well-known bank to settle payments between its customers…
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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