Dollar regains its power versus majors


(MENAFN– ecpulse)

American dollar began to regain its power versus major currency after its previous series of losses on U.S.’s partial governmental shutdown, while Japanese yen fall versus majors on today’s expanded machine orders in Japan.

Moreover, American dollar inclined versus Japanese yen as investors began to trade in higher-yielding assets amid the current stability in U.S. economy, where the USD/JPY pair record high of 97.676 from low of 97.463, where the pair started today’s session at 97.497.

American dollar also inclined against the euro for the second straight session, where the EUR/USD pair fell to low of 1.34979 from high of 1.35232.

EUR/JPY pair inclined to high of 131.920 from low of 131.731, following the NZD/JPY pair which inclined for the second straight session to high of 75.955 from low of 75.721.

From another side, Australian dollar fell against its counterpart American dollar despite today’s improved employment sector in Australia, where the AUD/USD pair fell to low of 0.94204 after hitting high of 0.94710, as the pair opened today’s session at 0.94476.


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