Key crypto assets leap
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 soars moderately after better-than-expected wages data
On Friday, the Japanese yen inched up modestly in Asia after better-than-expected average cash earnings with a poor private jobs report putting pressure on market sentiment.
The currency pair USD/JPY demonstrated 113.21, sliding 0.01% after Japanese average cash earnings grew better than expected, gaining 0.7%, unlike a revenue of 0.4% observed.
The currency pair AUD/USD hit 0.7581, descending 0.07%.
Estimating the greenback’s value versus six crucial currencies, the US dollar index went up 0.02%, trading at 95.60.
Overnight, the greenback tumbled to session minimums versus six key currencies after several labor market reports undershot hopes, hinting at a cooling labor market.
On Thursday, investor jitters regarding the strength of the American economy came to the fore, reacting the publication of weaker-than-expected initial jobless claims as well as private sector job creation data, dropping a hint at a probable slowdown in labor market activity.
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Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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…
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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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