- Analytics
- News and Tools
- Market News
- Asian session review: the euro rose against the dollar and yen, but declined against the pound
Asian session review: the euro rose against the dollar and yen, but declined against the pound
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 07:00 | United Kingdom | Retail Price Index, m/m | February | -0.4% | 0.5% | 0.5% |
| 07:00 | United Kingdom | Producer Price Index - Output (MoM) | February | 0.2% | 0% | -0.3% |
| 07:00 | United Kingdom | Producer Price Index - Input (MoM) | February | 0.3% | -2% | -1.2% |
| 07:00 | United Kingdom | Producer Price Index - Output (YoY) | February | 1% | 0.9% | 0.4% |
| 07:00 | United Kingdom | Producer Price Index - Input (YoY) | February | 1.6% | -0.9% | -0.5% |
| 07:00 | United Kingdom | Retail prices, Y/Y | February | 2.7% | 2.5% | 2.5% |
| 07:00 | United Kingdom | HICP ex EFAT, Y/Y | February | 1.6% | 1.7% | |
| 07:00 | United Kingdom | HICP, m/m | February | -0.3% | 0.3% | 0.4% |
| 07:00 | United Kingdom | HICP, Y/Y | February | 1.8% | 1.7% | 1.7% |
The US dollar fell against the euro on news of an agreement on a new package of measures to support the US economy of about $2 trillion.
As reported by US media, the administration of US President Trump and democratic senators have reached an agreement on a bill on emergency assistance to the American economy and citizens with a total amount of about $2 trillion.
The day before, the dollar moved lower against most major currencies amid growing investor interest in riskier assets following the Federal reserve's announcement of large-scale quantitative easing.
The pound rose against the US dollar ahead of the Bank of England meeting. Last week, the Bank of England lowered the base interest rate by 0.15 percentage points to 0.1% following a special meeting.
The ICE Dollar index, which shows the value of the dollar against six major world currencies, fell by 0.59%.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
