- Analytics
- News and Tools
- Market News
- Asian session review: the US dollar rose slightly against the euro and yen
Asian session review: the US dollar rose slightly against the euro and yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 04:30 | Japan | All Industry Activity Index, m/m | February | 0.6% | -0.6% | |
| 06:00 | United Kingdom | Retail Sales (MoM) | March | -0.3% | -4% | -5.1% |
| 06:00 | United Kingdom | Retail Sales (YoY) | March | 0% | -4.7% | -5.8% |
During today's Asian trading, the US dollar rose slightly against the euro and the yen.
The ICE index, which tracks the dollar's performance against six currencies (the euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose 0.5%.
Analysts note that the fall in the euro should have been more serious, given the lack of progress of European leaders in terms of taking measures to support the economy after the crisis due to the consequences of the COVID-19 coronavirus pandemic.
On the eve of the EU heads of state and government approved the "road map" of the EU's economic recovery after the crisis, which provides, in particular, the launch of three programs to support the economy for a total of 540 billion euros.
French President Emmanuel Macron said that the post-crisis economic support program approved by the EU summit will not be enough.
Data released on Thursday indicated a sharp weakening in business activity in the Euro zone's services sector. The purchasing managers ' index (PMI) in the services sector, calculated by IHS Markit, collapsed in April to a record low of 11.7 points from March's 26.4 points. Experts expected a decrease to 22.8 points.
© 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
