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On Friday, the Japanese yen held weaker against the greenback in Asia, with trade light as well as direction focused on end of the week indicators in America, including consumer sentiment.
The USD/JPY hit 113.46, ascending 0.13%, while AUD/USD reached 0.7683, soaring 0.08%. Meanwhile, GBP/USD showed 1.2353, tumbling 0.04%, while EUR/USD gained 0.07%, being worth 1.0774.
The US dollar index, estimating the greenback’s value against a trade-weighted basket of six crucial currencies, declined 0.03%, hitting 100.06, losing more than 1% on the week.
On Friday, the People's Bank of China set the Yuan mid-point at 6.8873 against the greenback, compared with the previous outcome of 6.9003.
Overnight, the evergreen buck traded lower after the Fed failed to adopt a more aggressive outlook as for the pace of rate lifts this year.
The British pound traded steeply higher against the greenback, reaching a two week peak of $1.2373, after the Bank of England left interest rates intact, though hinted that a rate lift could be in the pipeline.
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On Friday, the evergreen buck declined versus its counterparts due to the fact that Fed Vice Chairman Richard Clarida expressed concerns as for global surge and came up with quite dovish remarks on monetary policy…
On Friday, the UK currency managed to inch up notwithstanding worries over Brexit as well as the resignation of major statesmen in Prime Minister Theresa May’s cabinet…
On Thursday, the evergreen buck surged versus its counterparts because mostly bullish economic data managed to reaffirm investor hopes that the American economy is still on firm footing, while a dive in the UK currency also backed sentiment…
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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…
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