On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Greenback stands still ahead of American jobs data
On Friday, the evergreen buck stood still ahead of American jobs data as the common currency hit six-month peaks.
The dollar index declined below 99 and it grew 0.02%, reaching 98.63.
American nonfarm payrolls are supposed to have gained in April, following anemic March data.
On Wednesday, the FOMC dared to dismiss poor first-quarter American GDP surge as transitory.
Current odds of a June lift account for 67%.
On Thursday, the US House approved GOP healthcare reform. However, the bill’s supposed to face issues in the Senate.
The common currency hit a six-month peak of $1.0990 because surveys point to clear victory for Macron in French presidential run-off on Sunday. Later the euro tumbled 0.07%, hitting 1.0976.
As for commodity-linked currencies, including the Australian dollar, they were off after this week’s dip in crude as well as base metal prices.
Meanwhile, the safe-haven Japanese yen managed to firm with Japanese markets still unavailable for an extended holiday.
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…