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On Wednesday, the US currency was intact versus a basket of the other key currencies after a holiday in America, as traders waited for the minutes of the Fed’s latest gathering later in the day.
The US dollar index, assessing the greenback’s value versus a trade-weighted basket of six crucial currencies, showed 95.96.
The US dollar soared versus the Japanese yen, with USD/JPY adding 0.19% and hitting 113.49, having dropped to an overnight minimum of 112.83.
The Japanese yen remained underpinned overnight amid surging geopolitical tension a day after North Korea launched an intercontinental ballistic missile, reportedly capable of carrying a large nuclear warhead.
The greenback managed to regain ground as financial markets moved on following a brief bout of risk aversion.
The Fed was expected to issue minutes from its June policy gathering later on Wednesday. Market participants are waiting for fresh indications on the future path of American interest rates ahead of Friday’s major jobs report.
The common currency pushed higher versus the greenback, with EUR/USD leaping 0.15% and showing 1.1366.
On Friday, the evergreen buck drifted away from a 11-month maximum against the group of its key rivals due to the fact that market participants recorded gains after the greenback’s leap…
On Thursday, the evergreen buck kept to an 11-month maximum versus the group of major currencies…
On Wednesday, the UK currency approached a seven month minimum because Prime Minister Theresa May’s government had another crucial vote on Brexit…
On Monday, Asian shares shook off a sluggish start and stabilized, with Japan outperforming on positive earnings…
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…
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…
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