On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Yen is a bit stronger on flood of month-end data
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.
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…