Greenback stands still above one-week minimum

Greenback stands still above one-week minimum

On Friday, the evergreen buck was intact against a basket of key currencies because focus shifted to American jobs data. Meanwhile, Donald Trump chose Fed Governor Jerome Powell to head the major US financial institution. The given decision didn’t appear to be unexpected for market participants.  

On Thursday, Trump tapped Powell to lead the Fed, rejecting the second term for Janet Yellen, but nevertheless hinting at a continuation of her quite cautious monetary policy.

The US President’s decision turned to be in line with what traders had been actually expecting, and the US currency demonstrated quite limited reaction after the news.

The dollar index last kept to0 94.696, having grown from a one-week minimum of 94.411 hit on Thursday.

On Thursday, the evergreen buck had gone down after Republicans of the House of Representatives rolled out proposals to overhaul the tax code.

Against the Japanese yen, the greenback slid 0.1% being worth 113.94 yen, sliding below a 3-1/2 month maximum of 114.45 yen set last Friday. As for the common currency, it stood still at $1.1659.


Bitcoin stands still

On Tuesday, digital currencies were intact because the market managed to stabilize in the wake of the previous week’s abrupt selloff that pushed most crypto assets to 2018 minimums…


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…

promotions you can be interested in

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