- Analytics
- News and Tools
- Market News
- Asian session review: the dollar rose against the euro, pound, and yuan
Asian session review: the dollar rose against the euro, pound, and yuan
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:00 | Japan | BoJ Monetary Policy Statement | ||||
| 01:00 | Japan | BoJ Interest Rate Decision | -0.10% | -0.10% | -0.10% | |
| 06:00 | United Kingdom | PSNB, bln | April | -2.33 | -35 | -61.4 |
| 06:00 | United Kingdom | Retail Sales (YoY) | April | -5.8% | -22.2% | -22.6% |
| 06:00 | United Kingdom | Retail Sales (MoM) | April | -5.2% | -16% | -18.1% |
During today's Asian trading, the US dollar rose against the euro and fell against the yen on the back of growing demand for safe haven assets in connection with the strengthening of contradictions between the US and China.
The focus of traders ' attention is on the escalation of tensions between the US and China after the Chinese announcement of its intention to consider the Hong Kong national security bill.
The bill, which was included in the agenda of the National People's Congress, provides for a ban on separatist activities, as well as aimed at countering terrorism and interference from outside.
In turn, US senators have prepared a bill that involves sanctions against Chinese officials and organizations that monitor compliance with national security laws in Hong Kong, as well as introducing fines for banks that do business with these organizations.
China will not set a target for GDP growth in 2020 because of the impact of the coronavirus epidemic on the country's economy, Premier Li Keqiang said. This is the first time since 1994, when Beijing began setting a GDP growth target.
The ICE Dollar index, which shows the value of the us dollar against six major world currencies, rose by 0.21% compared to the previous trading day.
© 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
