Friday, May 19, 2017

Dollar fell after peace loving

The dollar fell after a peace-loving rhetoric Yellen

NEW YORK (Reuters) - The dollar sank to its lowest level against the euro in nearly seven weeks on Wednesday, as the peace-loving comments of the US Federal Reserve Janet Yellen dispel expectations of a new rate hike.

The euro rose 0.3 percent to $ 1.1323, while the dollar fell to a minimum of more than five months, the Swiss franc to 0.9592 francs.

By 18.57 Moscow time the index of the dollar against a basket of six major currencies fell by 0.28 percent to 94.891 on Tuesday showed the largest one-day decline since March 17.

These companies Automatic Data Processing (ADP) showed that the number of jobs in the US private sector in March increased by 200,000, after increasing by a revised 205,000 in the previous month. The report is published every month for a day or two before the official employment data.

Despite the fact that the data exceeded forecasts of economists polled by Reuters, they were not enough to improve sentiment towards the dollar the next day after Fed Chairman called on the regulator to be careful when raising rates.

The Australian dollar ,, the dynamics of which is closely linked to commodity prices, soared to a maximum of nine months at $ 0.7709, due to the rise in oil prices denominated in US dollars, which made the black gold more affordable for holders of other currencies.

US dollar to yen decreased by 0.1 percent to 112.57 yen.

Related posts

  • Dollar grows moderately against

    Dollar grows moderately against world currencies , the US macroeconomic data is not expected On Monday, the dollar shows a moderate increase in relation...

  • Dollar back daily losses

    Dollar back daily losses On Monday, the Chinese celebrate the New Year according to the lunar calendar. It is believed that today there is a change, the...

  • Dollar may get additional incentives

    The dollar may get additional incentives for growth On finished the week growth stock indexes broke. In addition to technical factors intervened in the...

Next posts

No comments:

Post a Comment


TrendOrFlat Trend or the flat? Probably the most common question among traders as the answer to it depends trading strategy. This indicat...