- Analytics
- News and Tools
- Market News
- Asian session review: the dollar rose against the euro and pound, and stabilized against the yen
Asian session review: the dollar rose against the euro and pound, and stabilized against the yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 01:30 | Australia | RBA Monetary Policy Statement | ||||
| 05:00 | Japan | Leading Economic Index | June | 78.4 | 85.0 | |
| 05:00 | Japan | Coincident Index | June | 72.9 | 76.4 | |
| 06:00 | Germany | Current Account | June | 6.5 | 22.4 | |
| 06:00 | Germany | Trade Balance (non s.a.), bln | June | 7.0 | 15.6 | |
| 06:00 | Germany | Industrial Production s.a. (MoM) | June | 7.4% | 8.1% | 8.9% |
| 06:45 | France | Industrial Production, m/m | June | 19.9% | 8.9% | 12.7% |
| 06:45 | France | Trade Balance, bln | June | -7.5 | -8 | |
| 06:45 | France | Non-Farm Payrolls | Quarter II | -2.5% | -0.6% |
During today's Asian trading, the US dollar strengthened against the euro and changed little against the yen.
On Thursday, investors were evaluating data on the US labor market. The number of Americans who first applied for unemployment benefits fell by 249,000 in the week ending August 1 to 1,186 million, the lowest since the start of the coronavirus pandemic.
The pound declined against the dollar and rose against the euro. The day before, the Bank of England announced that the base interest rate at the end of the August meeting would remain at 0.1%. The Bank of England also decided to leave the volume of the government bond repurchase program at 745 billion pounds.
The exchange rate of the Chinese yuan is declining. Chinese exports in July jumped by 7.2% compared to the same month last year, according to data From the General customs administration of China. This came as a surprise to analysts , who on average expected a 0.2% reduction.
In addition, the People's Bank of China (PBOC) on Friday poured 10 billion yuan into the banking system through reverse REPO, the rate was 2.2% per annum.
The ICE Dollar index, which shows the value of the us dollar against six major world currencies, rose 0.31% from the previous 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
