Investors Are Looking for Safe Assets

Interest in the yen and gold is returning.

Economic News
10 de out. de 2017
Investors Are Looking for Safe Assets

Against the backdrop of tension between the US and Turkey, the lira continues to decline. The US dollar is also departing from the recently updated high. The dollar index is currently trading around 93.30.

Following North Korea's recent announcements of new missile tests and the suspension of the issuance of non-immigrant visas by the US Embassy in Ankara, the demand for safe assets has increased and has suspended the climb of the dollar. Nevertheless, the prospect of an increase in interest rates and the introduction of a new tax reform continue to support the dollar's exchange rates.

The fall of the lira, which confirmed the vulnerability of the Turkish economy, as well as the conflict in neighboring Syria, which is increasingly drawn into the Turkish government, contributed to the increase in the price of oil.

SuperForex
Dollar Suffers vs. Yen

Economic News

Dollar Suffers vs. Yen

Amid new tenstions regarding North Korea, the USD eased off major currencies.

SuperForex
09 de out. de 2017
North Korea Announced Missile Tests Again

Economic News

North Korea Announced Missile Tests Again

One more the Japanese yen serves as a refuge for investors.

SuperForex
09 de out. de 2017
The US Economy Is Stable

Economic News

The US Economy Is Stable

US indices are trading in a positive territory.

SuperForex
06 de out. de 2017