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.

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