Market news
22.03.2021, 08:19

Asian session review: the dollar rose against most currencies

TimeCountryEventPeriodPrevious valueForecastActual
05:00JapanLeading Economic Index January97.799.198.5
05:00JapanCoincident IndexJanuary87.491.790.3

During today's Asian trading, the US dollar rose against the euro, but declined against the yen.

A combination of extremely loose monetary policy, unprecedented government spending, and successful vaccination in the United States have fueled hopes of accelerating economic growth and inflation, bringing the yield on ten-year US Treasuries to the highest since January 2020.

In addition, the dollar's appeal as a safe haven asset is being boosted by concerns about the surge in COVID-19 cases and the pace of vaccination in Europe.

The ICE index, which tracks the dollar's performance against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose 0.10%.

The Chinese yuan was trading steadily against the US dollar. The People's Bank of China (PBOC) has kept its benchmark loan prime rate (LPR) unchanged for the eleventh consecutive month as the economy continues to recover from the COVID-19 pandemic crisis. The annual LPR remained at 3.85% per annum. The last time this rate was lowered was in April 2020.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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 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

Live Chat E-mail
Choose your language / location