Thursday, August 24, 2017

Dollar weakened on Wednesday against

The dollar weakened on Wednesday against most major currencies

On Wednesday, the dollar is going down against almost all of its
colleagues. By 16.41 MSK EURUSD
trading at
1.1319; the USDJPY dropped
to 119.27; GBPUSD rose
to 1.5687. The Australian, Canadian and
New Zealand dollar also rose
against its US namesake:
USDCAD lost
1.1967 to 0.43%; NZDUSD jumped
1.57% to 0.7476; AUDUSD -
1.50% to 0.8095.


As
reasons for the decline analysts Dollar
call including released today
at the beginning of the US session weak
April retail sales report
in USA. It's obvious that consumers
They are not going to pull the economy
their country of weak areas. All this,
turn, pushes the market expectations
Fed to raise rates in the near
time. Betting that the dollar will
continue to grow this year, it is
less.



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