The US dollar traded close to the highest peak in 10 weeks versus the Japanese yen before the US is predict to report the fastest jobs growth in four months.
The US currency is surging for a third weekly profit versus the yen and euro as investors counted on the timing for the Federal Reserve’s first interest rate hike since 2006. The euro hit the lowest in a month versus the greenback yesterday following European Central Bank President Mario Draghi strengthened his vow the policy makers were ready to take additional measures to counter any peril of deflation. The Australian dollar geared for a first weekly decrease in three weeks.
The dollar was slightly changed at ¥103.92 as of 8:43 a.m. in Tokyo from yesterday, when it reached ¥104.11, the highest since January 23. The euro was still the same at $1.3720 after touching $1.3698 yesterday, the lowest since February 28. The single currency was at ¥142.56, previously ¥142.59.
The US dollar is moving for a 1% profit versus the yen and a 0.2% gain versus the euro this week. The euro increased 0.8% versus the yen.
Australian dollar was dealt 92.30 U.S. cents, previously 92.32. It has plunged 0.2% since March 28. Last month, Fed Chair Janet Yellen said the country’s zero to 0.25% interest rate could increase in six months following the central bank ended quantitative easing.
The ECB’s Draghi said yesterday the European policy makers did not eliminate further monetary policy easing following the central bank retained its refinancing rate at a record-low 0.25%.
The material has been provided by InstaForex Company – www.instaforex.com
The US dollar traded close to the highest peak in 10 weeks versus the Japanese yen before the US is predict to report the fastest jobs growth in four months.
The US currency is surging for a third weekly profit versus the yen and euro as investors counted on the timing for the Federal Reserve’s first interest rate hike since 2006. The euro hit the lowest in a month versus the greenback yesterday following European Central Bank President Mario Draghi strengthened his vow the policy makers were ready to take additional measures to counter any peril of deflation. The Australian dollar geared for a first weekly decrease in three weeks.
The dollar was slightly changed at ¥103.92 as of 8:43 a.m. in Tokyo from yesterday, when it reached ¥104.11, the highest since January 23. The euro was still the same at $1.3720 after touching $1.3698 yesterday, the lowest since February 28. The single currency was at ¥142.56, previously ¥142.59.
The US dollar is moving for a 1% profit versus the yen and a 0.2% gain versus the euro this week. The euro increased 0.8% versus the yen.
Australian dollar was dealt 92.30 U.S. cents, previously 92.32. It has plunged 0.2% since March 28. Last month, Fed Chair Janet Yellen said the country’s zero to 0.25% interest rate could increase in six months following the central bank ended quantitative easing.
The ECB’s Draghi said yesterday the European policy makers did not eliminate further monetary policy easing following the central bank retained its refinancing rate at a record-low 0.25%.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: