British pound and euro dive after the release of weak economic reports
On Wednesday, the euro and British pound approached their five month-lows after the disappointing economic reports…
Greenback slumps vs. yen, affected by North Korea worries and Fed outlook
On Wednesday, the US currency declined versus the Japanese yen, approaching a recent 4-1/2 month minimum, suppressed by simmering tensions on the Korean peninsula as well as comments by a Fed official about low American inflation.
The greenback tumbled 0.2% reaching 108.60 yen and hit a minimum close to 108.50 yen in early Asian trade.
On Tuesday, a top North Korean diplomat told that the isolated nation was ready to deliver more gifts to America.
Both the Japanese yen and the Swiss franc have ascended this week because geopolitical tensions resumed after on Sunday North Korea conducted a mighty nuclear test, thus affecting traders’ appetite for riskier assets.
The Swiss franc rallied approximately 0.1% being worth 0.9538 franc per greenback, with the franc having ascended 1.1% this week.
The common currency grew 0.1% trading at $1.1923, although staying below a 2-1/2 year maximum of $1.2070 reached the previous week.
Similar
US dollar index retreats from 5-month maximum
On Tuesday, the evergreen buck traded below the five-month maximum, taking a breather after the soar underpinned by soaring yields on US government bonds as well as easing tensions in US-China trade relations…
Evergreen buck ascends amid weakening of trade fears
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
Popular
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Gold edges down toward 3-week minimum after Congress hits spending deal
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
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…
Deposit with your local payment systems
