The dollar rose on Wednesday, recouping part of the losses it incurred on Tuesday night as the downward trend in US bond yields stopped for a year high.<\/p>\n\n\n\n
Subprime currencies, including the Australian and New Zealand dollars, retreated after posting big gains on Tuesday. Bitcoin slipped after previously exceeding $55,000 for the first time since February 22.<\/p>\n\n\n\n
The euro fell 0.05% to $1.18940, recovering from its lowest in three and a half months of $1.18355 on Tuesday.<\/p>\n\n\n\n
Against the yen, a traditional safe-haven currency, the dollar rose 0.2% to 108.68 yen, following its retreat from a nine-month peak of 109.235 yen.<\/p>\n\n\n\n
Investors are awaiting US inflation data due out later on Wednesday.<\/p>\n\n\n\n
The dollar index rose about 0.2% to 92.147 in Asia on Wednesday, after dropping sharply from a three-and-a-half-month high of 92.506 overnight. In the most recent trading, the index rose 0.1% to 92.027 in European trade.<\/p>\n\n\n\n
The Australian dollar fell 0.2% to $0.7700 after jumping 1% overnight and the New Zealand dollar slipped 0.2% to $0.7156 after climbing 0.8% on Tuesday.<\/p>\n\n\n\n
In the digital currency market, Bitcoin rose to 55,855 dollars on Wednesday, then fell to 54,729 dollars. It had reached a record level of 58,354.14 dollars on February 21.<\/p>\n","protected":false},"excerpt":{"rendered":"
The dollar rose on Wednesday, recouping part of the losses it incurred on Tuesday night as the downward trend in US bond yields stopped for a year high. Subprime currencies, including the Australian and New Zealand dollars, retreated after posting big gains on Tuesday. Bitcoin slipped after previously exceeding $55,000 for the first time since …<\/p>\n","protected":false},"author":9,"featured_media":31172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[7211,6877,6928,6882],"class_list":["post-42714","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42714"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42714\/revisions"}],"predecessor-version":[{"id":42715,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42714\/revisions\/42715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31172"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}