Dollar weakened against euro but rises against yen

The dollar weakened against the euro, but rises against yen

During trading on Thursday,
in the morning the euro against the US dollar by 9:52 MSK
It rose to $ 1.1086 (+ 0.29%) in comparison with the level
closing $ 1.1053. However, the dollar becomes more expensive
against the yen – investors are waiting for June
unemployment data, which again
can raise the forecast wave of rise
Fed interest rates this year. USD / JPY pair
trading at
123,40 level (+ 0.19%). The euro also strengthened
against the yen – with EUR / JPY was trading at
mark 136.77 (+ 0.46%).

Today, the Ministry of
US Department of Labor will publish unemployment data
in June. According to Bloomberg estimates experts, the number of
jobs grew by 233 in the US in June
th., and the unemployment rate dropped to 5.4% from
5.5%.

"Good account of
Unemployment will increase expectations of growth
Fed rates and support the purchase
dollars and selling yen, – said a senior
economist at Mizuho Bank Ltd. Tokyo Daisuke
Karakama. – However, I have doubts
as to how significant
perhaps in anticipation of a stronger dollar
Greek referendum".

"Traders already
prepare for the worst, and now
reduce short positions in the euro –
Karakama said. – continued
repositioning helps
some strengthening of the euro".

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