Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

Evergreen buck reaches fresh 4-month peak

Evergreen buck reaches fresh 4-month peak

Information is not investment advice

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 ‘safe-haven’ assets.

The evergreen buck managed to hit 109.73 yen, sliding about 0.2% from late Friday, and having slumped to 109.60 overnight. It turned out to be a bit higher than the three-month minimum that the currency pair reached on Friday as a fresh round of American levies on Chinese imports came into effect.

The greenback reached a fresh four-month maximum versus the Chinese yuan of 6.8654 overnight.

Over the weekend, American leader initiated a process to have tariffs on all remaining untouched Chinese goods levied 25%, although the two leading economies kept negotiating, avoiding an all-out breakdown of the negotiations.

As some financial analysts pointed out, it was quite logical that any deal to have the dispute clarified is going to be postponed and global surge in the second quarter could be affected.

It represents a considerable change compared to market hopes for a deal signed this week. In fact, trade uncertainty doesn’t appear to be the market’s friend, and this makes investors take a more cautious stance in the nearer future, notwithstanding the better economic data of late.

Gauging the evergreen buck’s purchasing power versus its six key rivals the USD index hit, standing still from Friday due to the fact weakness against safe havens was compensated by a tumble versus risk proxies such as the Australian and Canadian dollars.



Choose your payment system

Learn more


Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later