• Asian session review: the US dollar rose slightly against the world's major currencies

Market news

19 November 2020

Asian session review: the US dollar rose slightly against the world's major currencies

TimeCountryEventPeriodPrevious valueForecastActual
00:00U.S.FOMC Member Bostic Speaks    
00:30AustraliaChanging the number of employedOctober-42.5-30178.8
00:30AustraliaUnemployment rateOctober6.9%7.2%7%
07:00SwitzerlandTrade BalanceOctober2.7 2.9
07:30SwitzerlandIndustrial Production (YoY)Quarter III-8.6% -5.1%
08:00EurozoneECB President Lagarde Speaks    


During today's Asian trading, the US dollar rose weakly against the euro and the yen.

The ICE index, which tracks the dollar's performance against six currencies (the euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose 0.13%.

Experts note that data on the continuing increase in the incidence of diseases and new restrictive measures in the United States contribute to the return of demand for the dollar as a "safe haven"asset.

The rising incidence of COVID-19 in New York, which was the epicenter of the pandemic during the first wave, forced the city to impose new restrictions. New York mayor Bill de Blasio announced, among other things, the temporary closure of schools and the complete transfer of students to distance learning.

In general, in the United States, the incidence of COVID-19 is growing, and the number of deaths from coronavirus infection has already exceeded 250 thousand.

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