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- Asian session review: the dollar rose against the euro, but declined against the yen
Asian session review: the dollar rose against the euro, but declined against the yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Japan | Nikkei Services PMI | October | 46.9 | 46.6 | |
| 00:30 | Japan | Manufacturing PMI | October | 47.7 | 48 | |
| 06:00 | United Kingdom | Retail Sales (YoY) | September | 2.7% | 3.7% | 4.7% |
| 06:00 | United Kingdom | Retail Sales (MoM) | September | 0.9% | 0.4% | 1.5% |
During today's Asian trading, the US dollar rose against the euro and declined against the Japanese yen.
The ICE index, which tracks the dynamics of the US dollar against six currencies (Euro, Swiss franc, yen, canadian dollar, pound sterling and Swedish Krona), rose by 0.12%.
The continued uncertainty surrounding negotiations on a new stimulus package in the United States is contributing to the growth of demand for the dollar as a safe currency.
The pound declined against the US dollar, despite positive UK data. The volume of retail sales in the UK in September increased by 1.5% compared to the previous month, according to data from the Office for National Statistics. In annual terms, sales increased by 4.7%. Analysts on average predicted an increase in the first indicator by 0.4%, the second - by 3.7%.
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