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 British pound headed south to the lowest value for 10 months versus the broadly stronger greenback because suddenly dismal British inflation data decreased chances for an August rate lift by Britain’s key financial institution…
On Wednesday, the evergreen buck managed to jump because Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his Tuesday’s semi-annual congressional testimony…
On Tuesday, the evergreen buck declined ahead of congressional testimony by Fed Chair Jerome Powell that market participants are going to scrutinize for signs on the tempo of American interest rate lifts as well as risks coming from trade clashes…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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