Greenback slumps versus yen in Asia

Greenback slumps versus yen in Asia

On Thursday, the US currency held weaker versus the Japanese yen because market participants looked ahead to a highly-anticipated announcement on the new Fed Chair by Donald Trump already this week.

The currency pair USD/JPY showed 113.41, decreasing 0.30%, AUD/USD hit 0.7711, leaping 0.10%. As for EUR/USD, this pair demonstrated an outcome of 1.1829, ascending 0.14%.

Evaluating the greenback’s value against a trade-weighted basket of six crucial rivals, the US dollar index dived 0.13% being worth 93.41.

Overnight, the US dollar sank versus a basket of key currencies after data disclosing new home sales reached an almost 10-year maximum was compensated  by firm profits in the British pound amid bullish UK economic surge.

The evergreen buck was also backed by soaring expectations that a less dovish Fed Chair would take office amid several reports pointing out that Stanford University economist John Taylor managed to impress Donald Trump in his interview to head the major US bank.


Bitcoin rebounds from $4k

Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…

Latest news

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…

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