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On Thursday, the British pound found itself in negative territory in Asia briefly, as traders noted Great Britain faces a hard road to keep business links in place in talks to abandon from the EU, which were formally initiated overnight.
The currency pair GBP/USD tumbled to 1.2437, retracing earlier revenues as the EUR/USD came under further selling, tumbling 0.17% to 1.0747.
The weakness in the British pound was directly related to all the uncertainty as well as questions, which arose after Great Britain started these proceedings.
The currency pair AUD/USD hit 0.14%, demonstrating 0.7659 after HIA new home sales gained 0.2% month-on-month in February. USD/JPY boasted 111.33, jumping 0.25%.
Several comments from Fed officials helped to shift traders’ focus to the prospect of extra rate lifts this year, after Fed official Charles Evans told that he’s assured that two total rate hikes this year seem safe enough.
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On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
Will we finally see any price action for Bitcoin?
On Thursday, digital coins declined due to the fact that JP Morgan uncovered its own crypto asset expected to help the well-known bank to settle payments between its customers…
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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