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

USD/CAD dives notwithstanding dismal Canadian data

On Monday, the greenback dived versus its Canadian rival notwithstanding the publication of dismal Canadian data because the American government shutdown kept dampening demand for the US currency…

Aussie dives, Kiwi stands still in late trade

On Monday, the Australian dollar sank versus its American rival, while the New Zealand dollar was intact because market participants were still digesting the American government shutdown…

Popular

Japan real wages surge is slowest in almost two years

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…

promotions you can be interested in

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

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