Friday 6 April 2018

The dollar has a temporary relief

On Friday, April 6, the single European currency against the dollar in the morning trading moderately subsiding, continuing the trend of yesterday's trading and the week as a whole.
On Thursday the currency pair EUR/USD retreated to the lowest levels since the first of March, amid a slight decline in concerns over the notorious trade war between the United States and China.
In the short term, we still do not have to expect any exploits from the dollar, since there is a risk of unforeseen political moves on the part of Trump in the light of the continuing uncertainty in the sphere of foreign trade.
As for macroeconomic statistics, today at 13:30 GMT in the US will be the March block of statistics on the labor market, and this time, employment is expected to increase in non-agricultural sectors by 195,000 after an increase of 313,000 a month earlier. The dollar, as a rule, appreciably reacts to this block of statistical data.


No comments:

Post a Comment