On Monday, the evergreen buck started the month on a high note, backed by higher American yields, while the common currency was pressured because market participants closely watched the aftermath of a recent independence vote in Catalonia, Spain.
The dollar index, gauging the US dollar versus a basket of six key currencies, gained 0.3% being worth 93.323.
Higher American Treasury yields bolstered the US currency. The 10-year American Treasuries yield went up to 2.360% in Asian trade versus Friday's close of 2.326%.
On Monday, liquidity was relatively thin, with South Korea, India, China and Hong Kong markets unavailable for public holidays. Trade was light in Australia, with Sydney unavailable for a holiday. Meanwhile, Melbourne was still open.
The common currency tumbled 0.3% being worth $1.1776 because market participants nervously monitored the situation in Spain. In this European country police used batons as well as rubber bullets to suppress the Catalan vote on Sunday, leaving hundreds injured.
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…
On Monday, the evergreen buck slumped versus a currency basket, having reported its greatest weekly revenue for a month the previous week because market participants shifted their attention to American retail sales outcomes for June later in the trading…
On Friday, the evergreen buck rallied to a 10-day maximum after American consumer prices data disclosed a build-up of inflation pressure, which would enable the Federal Reserve to have rates lifted up to four times in 2018…
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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