- Asian session review: the dollar was trading steadily against the major currencies
Market news
Asian session review: the dollar was trading steadily against the major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Australia | Retail Sales, M/M | December | 7.1% | -4.1% | |
| 00:30 | Australia | RBA Monetary Policy Statement | ||||
| 05:00 | Japan | Leading Economic Index | December | 96.1 | 94.9 | |
| 05:00 | Japan | Coincident Index | December | 89.0 | 87.8 | |
| 07:00 | Germany | Factory Orders s.a. (MoM) | December | 2.7% | -1% | -1.9% |
| 07:45 | France | Non-Farm Payrolls | Quarter IV | 1.6% | -0.2% | |
| 07:45 | France | Trade Balance, bln | December | -3.79 | -3.39 | |
| 08:00 | Switzerland | Foreign Currency Reserves | January | 891.224 | 896.149 |
During today's Asian trading, the US dollar was virtually unchanged against the world's major currencies.
The ICE Dollar index, which shows the value of the US dollar against the six major world currencies, is trading down 0.02% at 91.50. However, it may show the maximum weekly growth since October.
Expectations that the US economic recovery will outpace growth in other countries are encouraging investors to buy the US currency.
Statistics released yesterday showed that the US labor market is gaining strength, indicating an economic recovery in the country.
The number of Americans who applied for unemployment benefits for the first time last week decreased by 33 thousand - to 779 thousand people, according to a report by the US Department of Labor. Labor productivity in the United States in the 4th quarter fell by 4.8%, according to preliminary data from the Ministry. This is the highest drop since the second quarter of 1981, when it fell by 5.1%. The cost of labor in the United States in the last quarter increased by 6.8%.
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