GBP/USD has risen by more than 90 pips
The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher…
Greenback stabilizes, still in sight of 2-month minimums
On Tuesday, the evergreen buck declined versus a basket of the other key currencies, although remained in sight of two-month minimums because market participants were still cautious ahead of a probable Senate vote on an American tax plan later in the week.
The U.S. dollar index, tracking the US currency’s value versus a trade-weighted basket of six crucial currencies, hit 92.86, having tumbled to 92.43 on Monday, which is the lowest outcome since September 26.
Worries as for probable delays in the implementation of a key tax overhaul along with tax cuts have suppressed the evergreen buck in recent weeks.
The US currency was nearly intact versus the common currency, with EUR/USD hitting 1.1905, trading below the two-month maximum of 1.1960 reached on Monday.
Demand for the common currency was still backed after data the previous week pointed to firm surge in the euro zone – it helped to overcome traders’ worries over political uncertainty in Germany.
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Rate decision by the RBNZ: the downside risks for the kiwi
The Reserve bank of New Zealand will release the monetary policy statement and its interest rate at 3:00 MT on November 13.
Extreme volatility of the NZD/JPY
Today started with extreme volatility for the New Zealand dollar against the Japanese yen
Latest news
GBP/USD has risen by more than 90 pips
The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher…
Rate decision by the RBNZ: the downside risks for the kiwi
The Reserve bank of New Zealand will release the monetary policy statement and its interest rate at 3:00 MT on November 13.
Market updates on November 11
A calm trading session with the US-China trade updates in focus
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