Market news
26.03.2021, 08:19

Asian session review: The US dollar rose against most currencies

During today's Asian trading, the US dollar rose against the yen, but declined against the euro. 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 0.23%.

Yesterday's US data remained in the focus of investors ' attention. The estimate of US GDP growth in the 4th quarter of 2020 was improved to 4.3% from 4.1%, according to the final data of the US Department of Commerce. The number of new applications for unemployment benefits in the United States last week fell to the lowest for the year (684 thousand).

The head of the Federal Reserve Bank of Chicago, Charles Evans, said that it is possible that the US Federal Reserve will not raise interest rates until 2024. However, he noted that the Fed may take action earlier in the event of a steady acceleration in inflation.

The pound, which rose strongly against the dollar earlier this year thanks to the conclusion of a new trade agreement between London and Brussels, as well as the successful vaccination against coronavirus in the UK, is near the level of early January.

"The pound has suffered due to disagreements between the UK and EU authorities over vaccines and these contradictions may delay the implementation of the plan to lift the quarantine in the UK.

The European Union this week tightened the export of COVID-19 vaccines produced in the bloc. As a result, the EU may restrict the supply of AstraZeneca vaccines produced at the company's plant in the Netherlands to the UK. On Monday, The Guardian noted that a complete ban on exports to the UK will lead to a delay in vaccination in the country for two months.

© 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