Dollar reduced euro strengthened on statistical

Dollar reduced euro strengthened on statistical data

Today, during the
session on Wall Street statistics released
which showed a strong deceleration
American economy. It may
create obstacles to the improvement of
The Fed’s key interest rate. according to
statistics, nearly two-year low
Industrial activity is
sector. Below consensus
there were also labor market data: the number of
of new jobs created in the private
sector declined in annual terms.

On this background
the dollar fell slightly on Thursday. USDJPY
lost 0.08% and 8.10 MSK trading on
mark of 119.65. EURUSD added
0.09% to 1,0772, GBPUSD rose to
1.4829.

“Now
Market anxiety directed at the Fed ”
– said Masashi Murata, senior currency
analyst at Brown Brothers Harriman (Tokyo).
– “Now, even if you come on Friday
Wage strong data
agricultural sector, this
the concern is still not fully
leveled. Therefore, the number of
Hunters for the dollar declined. ” lowering
Pressure on the dollar has also decline
ten-year Treasury yields
securities. She slipped below 1.9%.

In contrast,
US statistics, in Europe yesterday
it looked quite optimistic.
Encouraging data received by
Manufacturing activity in the euro area
and added to investor confidence in
that the economy is recovering good pace. alertness
investors on the Greek question –
the only factor that prevented
single currency grow stronger.

Concerning
commodity currencies, the Canadian benefit
dollar, which benefited from a jump
the price of oil. USDCAD lost
0.13% and trading at 1.2605. Australian
colleague lost 0.14% to American under
pressure on the iron price cuts
ore. Expectations for further easing
monetary policy of the Reserve Bank
Australia, too, affect the weakening
Australian currency. At 8.18 pair AUDUSD
at the level of 0.7588.

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