Market news
13.08.2021, 07:19

Asian session review: the US dollar fell slightly against the major currencies

TimeCountryEventPeriodPrevious valueForecastActual
06:30SwitzerlandProducer & Import Prices, y/yJuly2.9% 3.3%
06:45FranceCPI, y/yJuly1.5%1.2%1.2%
06:45FranceCPI, m/mJuly0.1%0.1%0.1%


During today's Asian trading, the US dollar fell slightly against the main world currencies.

The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.05%. Nevertheless, the index remains near the maximum value since the beginning of April.

Traders are waiting for signals from the US Federal Reserve System (Fed) about its plans to curtail stimulus measures.

Statistics published yesterday showed that the number of applications for unemployment benefits in the United States fell for the third week in a row. The number of Americans who applied for unemployment benefits for the first time last week decreased by 12 thousand - to 375 thousand people, according to the report of the Ministry of Labor. This is the minimum level since the end of June.

Producer prices in the United States in July jumped by 7.8% compared to the same month a year earlier, according to data from the Ministry of Labor of the country. This is the maximum growth rate since the beginning of the calculation of the indicator in November 2010.

Several Fed officials this week have spoken in favor of the regulator beginning to roll back stimulus it has put in place to support the economy amid the coronavirus pandemic.

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