The U.S. dollar rose against most currencies after the suspension of work due to federal government agencies did not come out vital statistics on the U.S. labor market , which, according to analysts' outlook dims folding stimulus from the Fed .
Also provides support for the dollar expectation of the speedy completion of the termination of the U.S. government , as there are signs of approaching an agreement between Republicans , Democrats and the presidential administration in the United States .
Major Republicans in Congress , frustrated by the inability to achieve Sledkov to reopen the government, began to change with the position of the termination of funding of the law on health care in 2010 (" Obamakera "), which was central to the requirements of a broader agreement on the budget.
The new emphasis appeared on As the Congress began the confrontation on the need to raise the U.S. debt limit , a need that until the end of the month according to the treasury , since it is necessary to continue to meet our obligations . Given that federal agencies generally do not work the fourth day , some lawmakers from the Republican Party to consider ways that will break the political deadlock with regard to the financing of the government - it could be a broader financing package that would include raising the national debt limit .
On Thursday, House Speaker John Boehner made it clear that he could follow this course. At a meeting with the allies , he said he did not want to make a deal to fund federal agencies and the government to resume work only in the face of immediate negotiations to raise the debt limit . He expressed optimism that can unite two goals and achieve both of these goals and to develop a more general talks with the White House and Democrats in the Senate.
The euro also had a weak data for the euro area . According to the report , on an annual basis the August producer price index fell 0.8 %, which was followed after zero growth in the previous month . It should be noted that according to many experts, the value of this indicator was down by only 0.5 %.
The pound has fallen against the dollar, after touching a nine-month high this week, amid speculation that the recovery of the UK economy is not strong enough to ensure a speedy increase in interest rates. Note that today, analysts Bank of America Merrill Lynch said that the last increase was restrained. In addition to the trading dynamics influenced by the fact that next week will be a meeting of the Bank of England policy makers . According to the forecasts they will leave interest rates at record lows least until unemployment falls to 7 percent. Recall that the unemployment rate was at around 7.7 % in the second quarter. "We will not think about raising interest rates or tightening of monetary policy , we do not see the conditions in the economy when the economy is really growing , " - said the head of the central bank Governor Mark Carney .
The yen traded with little change against the U.S. dollar after the Bank of Japan left its monetary policy unchanged. After the announcement of the decision on monetary policy today, Governor of the Bank of Japan Kuroda explained that the policy was left unchanged, since the Central Bank decided that it is sufficient to meet current needs of the bank. If the global economic problems will threaten the recovery in Japan, the policy will be adjusted. " Now we can see that the Japanese economy is making progress in achieving the inflation target of the Central Bank 2% , even taking into account the different risk factors ," said Kuroda . He noted that , according to the Tankan report , business confidence is growing, and added that the recent decision to raise the sales tax was an important step towards restoring confidence in the financial sector in Japan . He commented on the political instability in the United States , warning that a prolonged period of uncertainty may adversely affect the financial markets , which in turn can cause a change in the policy of the Bank of Japan. However, he declined to comment on how the Central Bank will react in the event of a U.S. default .