16.03.2018 10:00
The US dollar strengthens its position steadily

Profit-taking under the finals of weekly trading led to the fact that the US dollar quotes sank against the yen and the euro. The American currency reached a maximum in the current month. According to analysts and independent experts, the growth of industrial production and the increase in the yield of government bonds of the United States should have provoked a backlash but apparently the market simply didn’t have time to adequately respond. In any case, the total of the week of currency trading closed on those positions that were fixed.

The current value of the US dollar index is at 90.25 points. Relative to the six major currencies of the total basket the price increased by 0.13%.

In the USA, industrial production grew by 1.1% a month earlier with a preliminary forecast of not more than 0.3%. Also, the level of consumer sentiment has increased significantly. The index of the index this month was 102 points which is 2.3 points higher than in February.

The British pound lowered its quotes against the US dollar due to a stronger confidence in the US currency.

Do you like the article? Tell your friends:
Comments 0
Only Irevi clients can leave a comment.
To send a message, either Register or Log in.
No comments
Recommend articles
The company charity report in 2018

The brokerage company IREVI is pleased to announce that over the past calendar year we have participated in various charity projects and promotions

Read more
11.02.2019 10:00
The major US stock indexes have dropped

A new wave of speculation about the fact that the meeting between the President of the United States and the President of the People's Republic of China won’t take place within the previously agreed time frame has led

Read more
07.02.2019 10:00
The US labor market growth is marked

Against the background of not very intelligible messages from the Fed representatives about the likely prospects for monetary policy in the near future, the foreign exchange market was overwhelmed by speculation

Read more
01.02.2019 10:00