EUR: beating the USD so far
Thursday ended with the EUR/USD being high above of local resistance of 1.10. What's the target now?
Greenback tumbles versus yen on resuming North Korea tensions
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.
Similar
EUR supported by the European Commission
The EUR made a significant rise on the news of the stimulus expansion. Will it last long?
NZD/USD: testing tactical support
The Reserve Bank of New Zealand made announcements regarding its monetary policy. The NZD/USD dropped.
Latest news
NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
NFP forecasts from 10 major banks
Today is the big day! Investors are waiting for NFP at 15:30 MT time.
Main market news on June 5
EUR skyrocketed after the ECB statement ,stocks keep rallying, gold froze ahead of NFP
Deposit with your local payment systems
