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 Tuesday, the evergreen buck declined ahead of congressional testimony by Fed Chair Jerome Powell that market participants are going to scrutinize for signs on the tempo of American interest rate lifts as well as risks coming from trade clashes…
On Monday, the evergreen buck slumped versus a currency basket, having reported its greatest weekly revenue for a month the previous week because market participants shifted their attention to American retail sales outcomes for June later in the trading…
On Friday, the evergreen buck rallied to a 10-day maximum after American consumer prices data disclosed a build-up of inflation pressure, which would enable the Federal Reserve to have rates lifted up to four times in 2018…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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