- Analytics
- News and Tools
- Market News
- Asian session review: the US dollar rose slightly against the major currencies
Asian session review: the US dollar rose slightly against the major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 01:30 | China | PPI y/y | June | 9% | 8.8% | 8.8% |
| 01:30 | China | CPI y/y | June | 1.3% | 1.3% | 1.1% |
| 06:00 | United Kingdom | Manufacturing Production (MoM) | May | 0% | 1% | -0.1% |
| 06:00 | United Kingdom | Manufacturing Production (YoY) | May | 39.1% | 29.5% | 27.7% |
| 06:00 | United Kingdom | Industrial Production (YoY) | May | 27.2% | 21.6% | 20.6% |
| 06:00 | United Kingdom | Industrial Production (MoM) | May | -1% | 1.5% | 0.8% |
| 06:00 | United Kingdom | GDP m/m | May | 2% | 1.5% | 0.8% |
| 06:00 | United Kingdom | GDP, y/y | May | 27.4% | 25.9% | 24.6% |
During today's Asian trading, the US dollar rose slightly against major world currencies amid growing concern about the global economic recovery after the COVID-19 pandemic.
The Japanese government has decided to introduce a state of emergency in Tokyo for the period of the Olympic Games due to the deteriorating situation with the spread of COVID-19. Earlier, the authorities wanted to limit themselves to milder restrictive measures in Tokyo, but there is an increase in the incidence of coronavirus in the capital of the country.
The spread of new strains of coronavirus and the possible impact of this on the development of the global economy have a negative impact on investors ' appetite for risk, experts say.
Meanwhile, the European Central Bank (ECB) on Thursday published the official results of the revision of the monetary policy strategy, changing the inflation target. The regulator said in a statement that the ECB considers that the best way to maintain price stability is to aim for the inflation target of 2% in the medium term. At the same time, the regulator notes that the inflation target is symmetrical. This means that deviations from the target indicator in the positive or negative direction are undesirable.
The ICE Dollar index, which shows the value of the US dollar against six major world currencies, rose by 0.1%.
© 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
