On Monday, on the Investing…
Greenback tumbles vs yen after US missile strike on Syria
On Friday, the evergreen buck dipped against the Japanese yen after the United States launched cruise missiles at a Syrian airbase, responding to Syrian forces' supposed use of chemical weapons on Thursday.
An US official informed that the missile strike has already been completed.
Against the Japanese yen, which tends to earn in times of risk aversion or geopolitical tension, the greenback erased its early modest revenues and sank 0.3% to 110.40 yen, sliding 0.9% for the week.
US navy warships in the Mediterranean Sea launched up to 50 Tomahawk missiles, as the US official informed, talking on condition of anonymity. An airbase in Homs turned to be a target. Further details on the target as well as the results of the missile strikes are unknown.
Traders are currently waiting for the outcome of negotiations between the American and Chinese leaders and the monthly jobs report, which could back views for more American interest rate lifts.
On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
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…