Tag - forex exchange

Evergreen buck goes up
Evergreen buck goes up

On Wednesday, the evergreen buck jumped, backed by comments from senior Fed officials playing down the probability of interest rate cuts, and also by a fresh round of safe-haven buying on geopolitical tensions…

Chinese Yuan rebounds
Chinese Yuan rebounds

On Tuesday, the Chinese Yuan managed to rebound in Asia reacting to reports that the Asian country’s state-backed funds, dubbed the “National Team,” have pumped cash into the market in an attempt to back local stocks as well as currency…

Evergreen buck reaches fresh 4-month peak
Evergreen buck reaches fresh 4-month peak

On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…

Evergreen buck rallies against Japanese yen
Evergreen buck rallies against Japanese yen

On Friday, the evergreen buck was generally steady versus the safe-haven Japanese currency, taking in stride the lift in American levies on China’s goods, which came into effect and waiting for the resumption of negotiations between top statesmen of the…

Evergreen buck keeps to six-week minimum vs yen
Evergreen buck keeps to six-week minimum vs yen

On Thursday, the evergreen buck kept to a six-week minimum against the Japanese yen due to the fact that risk aversion gripped broader financial markets against the backdrop of worries that the US-China trade war could escalate…

Turkish lira goes down
Turkish lira goes down

Turkey is making its way towards another currency downtime, with the Turkish lira diving to its lowest value for almost a year after Turkey’s election authorities canceled the recent municipal election outcomes for Istanbul…

Australian dollar tacks on
Australian dollar tacks on

On Tuesday, the Australian dollar steeply ascended after Australia’s major financial institution held rates at a record minimum, dashing speculation it might ease policy in response to a below-par outcome of inflation…

Tariff threats affect Chinese Yuan
Tariff threats affect Chinese Yuan

On Monday, Donald Trump’s fresh threats to lift levies on Chinese exports sent ripples through financial markets, thus affecting risk sentiment and backing safe-haven assets…

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