|07:00||Germany||Gfk Consumer Confidence Survey||April||-12.7||-11.9||-6.2|
During today's Asian trading, the US dollar rose slightly against the euro and rose moderately against the yen.
Yesterday, the EUR/USD pair reached its lowest level since November amid concerns about a new wave of COVID-19 in Europe.
Experts note that risk aversion is back on the rise, and concern about the pace of global economic growth is increasing amid signs that COVID-19 is harder to control in Europe than expected.
After the extension of quarantine measures in Germany and some regions of France, the Dutch authorities announced that the restrictions in force in the country will be extended until April 20. Analysts believe that against the background of the third wave (coronavirus), economic data will not be very encouraging, especially compared to data from the United States.
Financial aid is critical to the U.S. economic recovery effort, Federal Reserve Chairman Jerome Powell said at a Senate Banking Committee hearing on Wednesday. When asked whether the rise in government bond yields threatens to slow the country's GDP recovery, he repeated that the increase comes from very low levels and reflects confidence in the improving state of the economy.
On Thursday, investors expect the publication of final data on the change in US GDP in the fourth quarter of 2020.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose by 0.11%
© 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.
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 email@example.com.