- Asian session review: the US dollar rose slightly against major currencies
Market news
Asian session review: the US dollar rose slightly against major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Australia | National Australia Bank's Business Confidence | November | 3 | 12 | |
| 00:30 | Australia | House Price Index (QoQ) | Quarter III | -1.8% | 0.8% | |
| 05:00 | Japan | Eco Watchers Survey: Current | November | 54.5 | 45.6 | |
| 05:00 | Japan | Eco Watchers Survey: Outlook | November | 49.1 | 36.5 | |
| 06:30 | France | Non-Farm Payrolls | Quarter III | -0.9% | 1.6% | |
| 06:45 | Switzerland | Unemployment Rate (non s.a.) | November | 3.2% | 3.3% | 3.3% |
| 07:45 | France | Trade Balance, bln | October | -5.6 | -4.9 |
During today's Asian trading, the pound was supported by hopes for a meeting between British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen in Brussels.
Meanwhile, concerns about an increase in coronavirus cases have slowed the dollar's decline.
The british currency played back most of the sharp decline the day before and reached $1.3350 in Asian trading after falling to $1.3225 on Monday.
"The idea is that Boris Johnson is not going to Brussels to return without an agreement," said Chris Weston from the Pepperstone brokerage company.
Meanwhile, concerns about a new surge in the US coronavirus epidemic cast a shadow over optimism about the vaccine and budget incentives, reducing demand for risky assets and providing an influx of investment in safe haven assets.
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 by 0.12%.
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