Greenback tumbles on Trump Jr emails

Greenback tumbles on Trump Jr emails

On Wednesday, the greenback decreased amid fresh worries over the Trump administration's hypothetical connection with Russia. Meanwhile, market participants looked ahead to Fed Chair Janet Yellen's comments.

The currency pair USD/JPY dipped 0.41%, trading at 113.45, which is below the four-month peak of 114.49 reached on Tuesday.

The greenback found itself under pressure after emails written by Donald Trump Jr disclosed that he generally appreciated assistance from a Russian lawyer during his dad’s 2016 election campaign versus Hillary Clinton.

The common currency stood still versus the evergreen buck, with EUR/USD showing 1.1457, having ascended to a 14-month high of 1.1489 overnight.

The US dollar index, gauging the greenback’s value versus a trade-weighted basket of six key currencies, didn’t change, keeping to 95.49, which is not far from the nine-month minimum of 95.22 reached in late June.

Similar

Popular

Crude edges down in Asia on Caixin PMI

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…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera