The US dollar ascended on Thursday, as investors awaited US jobs data due on Friday, as well as nervous about Greece’s bailout talks and recovery in eurozone’s bond markets.
Greece decided to delay the €300 million repayment to the International Monetary Fund. Instead, the country would bundle four payments amounting to €1.6 billion and pay it off at the end of the month.
The greenback ended at $1.1243 per euro, previously $1.1262. Against the Japanese yen, the dollar closed at ¥124.37 from ¥125.07.
Bund’s high yield is appealing to investors, as well as “buying euros to cover the transaction,” said Marc Chandler, Global Head of Currency Strategy at BBH.
The material has been provided by InstaForex Company – www.instaforex.com
The US dollar ascended on Thursday, as investors awaited US jobs data due on Friday, as well as nervous about Greece’s bailout talks and recovery in eurozone’s bond markets.
Greece decided to delay the €300 million repayment to the International Monetary Fund. Instead, the country would bundle four payments amounting to €1.6 billion and pay it off at the end of the month.
The greenback ended at $1.1243 per euro, previously $1.1262. Against the Japanese yen, the dollar closed at ¥124.37 from ¥125.07.
Bund’s high yield is appealing to investors, as well as “buying euros to cover the transaction,” said Marc Chandler, Global Head of Currency Strategy at BBH.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: