11.05.2018 10:00
Trade parity was established between currency pairs

The euro peaked from the beginning of the month and moderately raised quotes against the US dollar. Weak inflation data from the United States and the EU forced the currency pair to move closer to price parity.

The current value of the US dollar index is at 92.51 points. Relative to the six major currencies of the general basket the price has dropped by 0.15%.

According to information from the Ministry of Labor, it became known that the rise in prices for imported goods showed low results of only 0.3%, with a forecast of 0.5%, amid the fact that there was a pullback in the prices of crude oil. However, inflation was offset by lower prices for the general group of food.

The exacerbation of political confrontation between the US and Iran on the grounds of a break in a nuclear deal and the imposition of harsh sanctions have greatly disturbed investors. The market instantly reacted to this news, market participants lowered the activity of trade operations and returned to the corridor of safe transactions with safe haven currencies.

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