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On Friday, in Asia the Japanese yen leapt moderately, following a storm of data pointed to rather a mixed picture with consumer inflation below expectations and surprisingly ascending retail sales.
The US dollar index, used to track the greenback’s actual value versus six crucial currencies, went up 0.17%, demonstrating 99.02.
The currency pair USD/JPY dived 0.03%, being worth 111.24 after the data, and AUD/USD got to 0.7468, soaring 0.03%.
Overnight, the greenback strengthened versus crucial currencies, shrugging off the issue of mostly dismal economic data, while the common currency dived, reacting to comments from Mario Draghi, ECB President.
The greenback continued its march up for a second day notwithstanding weaker than expected economic data.
On Thursday, the National Association of Realtors unveiled Pending Home Sales Index sank 0.8%, hitting 111.4.
As for initial claims for state unemployment benefits, they inched up 14,000, getting to a seasonally adjusted 257,000 by April 22, as the Labor Department disclosed on Thursday.
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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