• Asian session review: the US dollar rose against the euro and yen

Market news

8 April 2020

Asian session review: the US dollar rose against the euro and yen

Time Country Event Period Previous value Forecast Actual
05:00 Japan Eco Watchers Survey: Current March 27.4 27.6 14.2
05:00 Japan Eco Watchers Survey: Outlook March 24.6 38.1 18.8


During today's Asian trading, the US dollar rose moderately against the euro and the Japanese yen. Investors again switched to the assets of the "safe haven", which supports the us currency.

The ICE Dollar index, which shows the value of the dollar against six major world currencies, rose by 0.41% compared to the previous day.

Market participants continue to follow the news regarding measures taken to limit the effects of COVID-19 coronavirus infection.

The EU will allocate more than 15 billion euros to help fight coronavirus around the world, European Commission President Ursula von der Leyen said yesterday.

The US Senate is working on additional measures to support small businesses, which were seriously damaged by the coronavirus crisis, the Hill newspaper reported.

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