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On Wednesday, the evergreen buck didn’t change against its peers, being capped because US Treasury yields didn’t manage to ascend notwithstanding soaring investor risk appetite in broader financial markets.
Against a basket of six crucial currencies the US dollar index was intact, keeping to 93.941.
Evidently, the US dollar index rebounded from a one-week maximum of 94.165 overnight after a leap triggered earlier this week by a dropping euro stalled because long-term US Treasury yields kept going down.
The US currency was a bit lower at 112.280 yen, having dropped overnight from a peak of 112.705.
On Tuesday, Wall Street equities edged up to record maximums, while Japan's Nikkei N225 ascended back towards 26-year highs.
Meanwhile, the euro dived against its peers in the beginning of the trading week because German Chancellor Angela Merkel's inability to form a three-way "Jamaica coalition" government heavily affected the country's political outlook.
On Wednesday, the UK currency managed to strengthen after a dive overnight when the British main legislative body overwhelmingly voted down the country’s Prime Minister Theresa May's Brexit agreement, thus contributing to uncertainties surrounding Great…
On Tuesday, the evergreen buck went up, while the common currency dived as data disclosed that the German economy speeded down last year and market participants were waiting for the outcomes on the parliamentary vote on Britain’s withdrawal from the…
On Tuesday, crypto assets managed to head north…
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…
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