- Asian session review: the dollar rose against major currencies
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Asian session review: the dollar rose against major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 01:30 | Australia | Leading Index | June | -0.06% | -0.07% | |
| 01:30 | Australia | Retail Sales, M/M | June | 0.4% | -0.5% | -1.8% |
| 06:00 | United Kingdom | PSNB, bln | June | -24.3 | -21.5 | -22.8 |
During today's Asian trading, the US dollar rose against the euro, the pound and the japanese yen.
The US dollar index is holding near the highest in 4 months against the background of steady demand for safe haven assets due to continuing concerns about the consequences of the growth of new coronavirus infections for the global economic recovery.
The focus of traders ' attention this week is the meeting of the European Central Bank (ECB), the results of which will be summed up on Thursday.
The Australian US dollar fell to its lowest level since the end of November 2020 amid a strengthening US dollar and a flight from risk due to worries about the rapid spread of a new strain of coronavirus. Australian Prime Minister Scott Morrison suggested that the country will need to introduce strict restrictions this winter, while noting that 65-70% of the country's population needs to be vaccinated to stop lockdowns.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose by 0.15%.
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