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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.
For the last week, crypto assets jumped, backed by a 25% leap in Bitcoin Cash, in contrast with a backdrop of further indications of sluggishness in fiat currencies, including the evergreen buck…
On Monday, the evergreen buck slumped to a two-and-a-half week minimum because market participants pulled back ahead of the Fed’s meeting a bit later in the week…
On Friday, key crypto assets showed mixed performance in Asia, with mild movements because the trading week drew to its end…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
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…
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