Friday 24 February 2017

The dollar fell to a week minimum

On Friday, the dollar fell against other major currencies to a week minimum. Investors continue to evaluate the minutes of the last FOMC meeting committee.
EUR/USD exchange rate rose by 0.27% to 1.0609, which is the highest since Tuesday.
Posted on Wednesday, January FOMC meeting minutes showed the committee that the Fed leadership is considering an early interest rate increase.
However, the same report indicated the US central bank's uncertainty about the economic program of Trump administration. This reduces the demand for the dollar.
The dollar also came under pressure due to published on Thursday the United States report of the Ministry of Labour in which it is said that last week the number of initial claims for benefits for unemployment in the US increased by 6 thousand to 244 thousand. Analysts expected an increase in the last week of the number of applications for unemployment by 2 thousand to 241 thousand.


No comments:

Post a Comment