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On Wednesday, the Japanese yen reached an eight-week maximum versus the greenback and made broad revenues versus other peers, following the latest bout of geopolitical tensions in the Korean Peninsula.
North Korea told that it’s actually examining a possibility of a missile attack on the US Pacific territory of Guam, several hours after Donald Trump warned North Korea that any threat to America would be met with fury and fire.
The evergreen buck sagged versus the Japanese yen. This Asian currency is often bought in times of geopolitical tension. The greenback lost 0.4% being worth 109.890 yen.
The South Korean won tumbled more than 0.8% hitting 1,135.6 to the greenback, its lowest outcome since July 14.
The common currency demonstrated a 0.6% slide trading at 128.960 yen, having hit a 1-1/2-year maximum above 131.00 the previous week.
The Australian dollar that went up to a 19-month maximum close to 90.00 yen late in July, tumbled 1% to a one-month minimum of 86.43 yen.
On Wednesday, the Japanese yen headed south versus its major peers because investor risk appetite improved during Asia trade, although worries over decelerating global surge and US-China trade clashes will probably cap gains in risky assets…
On Tuesday, the evergreen buck managed to stabilize in Asia because the International Monetary Fund had its 2019 as well as 2020 global surge forecasts cut overnight…
On Monday, crypto assets tumbled due to the fact that the Organization for Economic Cooperation and Development drew attention to the necessity of the global regulation of initial coin offerings…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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