The US Dollar Showed Mixed Results

During yesterday's trading, the US dollar showed a variety of trends relative to the major world currencies. The US currency rose against the euro and the pound against the background of positive data on the number of open vacancies in the labor market in the US. At the same time, tensions on the Korean peninsula caused a significant demand for the "safe haven" currency.

The Australian dollar is under pressure. In June, the volume of mortgage lending in Australia increased by 0.5%, which is less than the forecasted value at 1.5%. In July, consumer prices in China increased by 0.1%. Experts expected the indicator to be at 0.2%.

Oil quotes continue to consolidate. At the moment, futures for WTI crude oil are traded near $ 49 per barrel. We are waiting for statistics on crude oil reserves in the US.

Market Indicators

The main US stock indexes slightly moved away from historical highs. SPY (SPDR S&P 500 ETF) closed at 247.26 USD (-0.25%).

During the Asian trading session, the 10-year US government bonds yield fell sharply. At the moment, the indicator is at the level of 2.25-2.26%.

The dollar index (#DX) finished the trading session in the positive zone (+0.18%).

Today we recommend you to pay attention to the following economic reports:

  • – the volume of new houses construction in Canada – 15:15 (GMT+3:00);
  • – statistics on the labor market in the US – 15:30 (GMT+3:00);
  • – crude oil reserves in the US – 17:30 (GMT+3:00). This report may have an impact on the dynamics of commodity currencies.

by JustMarkets, 2017.08.09

We advise you to get acquainted with the daily forecasts for the major currency pairs.

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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