The dollar, which had strengthened to as much as 114.325 yen on Tuesday, slipped back to 113.87 yen. For Reuters Live Markets blog on European and UK stock markets see reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarkets (Reporting by Jemima Kelly, editing by Larry King) But the move ignited a political firestorm, raising suspicions among Democrats and others that the White House was trying to blunt the FBI probe involving Russia. Draghi said it was too early for the ECB to declare victory in its quest to boost euro zone inflation. Comments from European Central Bank President Mario Draghi failed to have any clear impact on the euro, which was flat at $1.0878.
according to
FOREX-Dollar inches lower after Trump sacks FBI chief
But the move ignited a political firestorm, raising suspicions that the White House was trying to blunt the FBI probe involving Russia. Rekindled worries that North Korea could be gearing up for another weapons test underpinned the safe-haven yen as well. The dollar, which had strengthened to as much as 114.32 yen on Tuesday, slid back to 113.90 yen, down 0.1 percent. Draghi said it was too early for the ECB to declare victory in its quest to boost euro zone inflation. (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Jemima Kelly in London; Editing by Alistair Bell)
"The 'Trump trade' lifted the dollar after the election, but now we have to see if he can deliver on all of his promises," Wakabayashi said. The euro slipped 0.1 percent against the yen to 123.60 , moving away from Monday's one-year high of 124.58. The benchmark 10-year U.S. Treasury yield slipped to 2.388 percent in Asian trade, down from Tuesday's U.S. close of 2.407 percent. Any U.S. political uncertainty tends to weigh on the dollar, as a divided Congress could derail Trump's promised tax reform and stimulus steps. Rekindled fears that North Korea could be gearing up for another weapons test also underpinned the yen.
إرسال تعليق