Online Forex broker
On Friday, the evergreen buck went down against the Japanese yen in early Friday trade versus a backdrop of resuming tensions on the Korean peninsula, although the steep divergence between American and Japanese monetary policy tamed the US currency’s losses.
As North Korean Foreign Minister Ri Yong Ho told on Friday his country could conduct an unbelievable hydrogen bomb test on the Pacific Ocean, as South Korea's Yonhap news agency informed.
Market participants also watched how Chinese financial markets would follow S&P Global Ratings' downgrade to the credit rating of China.
Gauging the US currency versus a basket of six key counterparts, the US dollar index declined 0.1% hitting 92.156, adding 0.4% percent for the trading week and staying above its more than 2-1/2 year trough of 91.011 reached on September 8.
The evergreen buck slumped 0.2% being worth 112.28 yen, although it grew 1.3% on the week in which the US currency scaled a two-month maximum of 112.725.
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US unemployment claims are announced on Thursday at 15:30 MT time.
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
