empty
08.06.2020 06:05 PM
No factors for a change: US dollar's rate stands still

This image is no longer relevant

Trading on currency exchanges in the Asia-Pacific region showed a slight strengthening of the US dollar against the euro today. At the same time, the dollar weakly reduces the value of the yen.

In the morning, the single European currency moved to the level of 1.1286 dollars per euro, while at the close of trading last Friday, its rate was at 1.1292 dollars per euro. The euro also changed its value against the yen: it was at the level of 123.57 yen per euro today, and its price was 123.71 yen per euro at the end of trading on Friday.

The US dollar was worth 109.49 yen today. It can be recalled that its price stopped at 109.59 yen per dollar during last week's close of trading.

On the other hand, the ICE index, which shows the movement in the price of the US currency against a basket of six major world currencies, is slightly higher - by 0.01% - compared to the previous day. The WSJ index, which reflects the dynamics of the dollar against a basket of sixteen world currencies, on the contrary, declined slightly by 0.01%.

The multi-directional dynamics is due to several factors. Firstly, official statistics from the United States Department of Labor was published on the last business day last week, which reflected a colossal reduction in unemployment up to 13.3% compared to the previous record high of 14.7%. These data did not coincide with preliminary forecasts of experts who expected growth to no less than 19.8%.

Second, market participants are set to sum up the results of the Fed meeting, which will last two days and will come to an end on Wednesday this week. Most experts are confident that the regulator will take decisive steps and end the period of stimulating economic policies. The next monetary tranches and injections are not expected until the exact damage caused to the economy by the COVID-19 pandemic is determined.

At the same time, relatively good news comes from Japan. The forecast for a reduction in the country's GDP for the first quarter of this year has improved slightly: it has moved from 0.9% to a level of 0.6%. Nevertheless, Japan faced an economic decline that had not existed for more than four years. Many analysts still expected to see a revision of the rate of decline in GDP to the level of 0.5%.

The national currency of New Zealand slightly strengthened against the US dollar. It increased 0.06% and began to trade around $ 0.6512. Perhaps, the strengthening will continue amid the lifting of quarantine measures in the country, which will happen tomorrow.

In relation to the national currency of China, the US dollar is slightly increasing. The course of this morning was 7.0836 yuan per dollar. It should be noted that past trading ended at around 7.0834 yuan per dollar. Here, investors won back the news about an increase in China's currency exchange reserves over the past month by $ 10.23 billion. However, along with this, the surplus of the country's foreign trade balance showed a significant increase after a significant decline of both domestic demand and imports.

In general, at the beginning of the new week, the US currency cannot yet determine the vector of its movement and is almost marking time without external factors that can ensure its movement in one direction or another.

Maria Shablon,
Experto analítico de InstaForex
© 2007-2025
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Trump sacude los mercados: el dólar, el euro y el yen en el epicentro de una nueva tormenta arancelaria

Ayer se supo que, a partir de la próxima semana, el presidente de Estados Unidos, Donald Trump, impondrá aranceles del 25% a la importación de automóviles. Esta noticia provocó turbulencias

Аlena Ivannitskaya 07:28 2025-03-27 UTC+2

Resumen de noticias del mercado de EE. UU. 26.03

Los principales bancos no tienen una opinión unificada sobre el S&P 500: el mercado está en zona de incertidumbre. El S&P 500 se ha consolidado por encima de un nivel

Irina Maksimova 10:32 2025-03-26 UTC+2

Cuando los mercados están agitados: el gas sube, el petróleo duda

La sesión de negociación en EE. UU. del martes trajo noticias interesantes para los participantes del mercado: los futuros de gas natural subieron repentinamente, mientras que el petróleo decidió tomarse

Natalia Andreeva 11:14 2025-03-19 UTC+2

El oro bate récords: $3.000 no es el límite

El metal amarillo comenzó la nueva semana con un tono positivo y hasta ahora mantiene ese ritmo. En este momento, el oro se cotiza ligeramente por encima del nivel redondo

Larisa Kolesnikova 07:30 2025-03-19 UTC+2

Mercados en pánico: Nasdaq se desploma un 1,71%, mientras el oro alcanza máximos históricos

Nvidia cae en medio del inicio de la conferencia anual de desarrolladores de software Tesla se desploma después de que RBC redujera su precio objetivo El oro alcanza un máximo

06:58 2025-03-19 UTC+2

¿Volverá el Bitcoin a los $90.000? Las esperanzas «alcistas» de la primera criptomoneda

El Bitcoin lucha actualmente por un lugar bajo el sol, defendiendo su estatus de primera criptomoneda. Actualmente, el activo estrella no pasa por su mejor momento, aunque muchos expertos

Larisa Kolesnikova 13:06 2025-03-10 UTC+2

Señales inquietantes: la mayor caída de precios en China y el Bitcoin se hundió hasta los $80 mil

Los futuros de Wall Street caen después de que Trump se negara a descartar riesgos de recesión Los precios de consumo chinos caen a un ritmo más rápido

07:29 2025-03-10 UTC+2

Estancamiento o crisis: Tesla cae, Nikkei marca un récord negativo, Dow y Nasdaq pierden posiciones

Tesla cae tras una opinión bajista de un bróker, según un informe. Kroger sube gracias a un optimista pronóstico anual de ventas. El índice japonés Nikkei cayó a su mínimo

11:36 2025-03-07 UTC+2

Trump vuelve a impulsar el crecimiento del BTC

El vertiginoso repunte de Bitcoin a principios de esta semana se debe a las declaraciones del presidente de EE. UU., Donald Trump, sobre la creación de una reserva de criptomonedas

Larisa Kolesnikova 07:32 2025-03-04 UTC+2

Bitcoin sin apuros: ¿Récords por delante?

Según observaciones de los analistas, actualmente Bitcoin se encuentra en un estado relativamente estable, pero no se apresura a actualizar sus máximos. En este contexto, los participantes del mercado muestran

Larisa Kolesnikova 08:36 2025-02-24 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.