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On Friday, the Japanese yen leapt in Asia on safe-haven demand because political turmoil in Brazil reached risk sentiment and financial markets became cautious ahead of the weekend.
The currency pair USD/JPY hit 111.38, sliding 0.08%, while AUD/USD reached 0.7419, soaring 0.01%. Meanwhile, the currency pair GBP/USD jumped 0.10%, being worth 1.2953.
Assessing the US dollar’s value versus six crucial currencies, the US dollar index slumped 0.06%, trading at 97.71.
Overnight, the greenback traded higher versus a basket of crucial currencies because recent political turmoil in Washington was compensated by a bunch of stronger American economic data.
The evergreen buck was on track just to snap a five-day losing streak because market participants generally appreciated the issue of better than expected initial jobless claims as well as manufacturing data.
The overall number of Americans, who filed for unemployment insurance by May 12, sank by 4000, hitting 232,000, as the Labor Department told.
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
On Friday, the US dollar slumped against the common currency during Asia trade after a moderate soar the day before…
Fred Wilson, co-founder of Union Square Ventures: “Buying cryptocurrencies is a very important form of investment…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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