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Dollar declined at the close of weekly trading

2019-04-12 10:59 am | Resource: NEWS | No Views : 70

 Dollar declined at the close of weekly trading

The US dollar fell against the currencies despite better-than-expected employment and inflation data released overnight.

On the other hand, the chief economic adviser to "Alan" "Mohammed Al-Erian" that the Federal Reserve turned from a position was "very hard" at the end of last year, to a "very lenient" now, and although such a sharp swing does not expect To hit the US economy significantly, it contributed to the increase in volatility in financial markets in the world.

Russia: The United States is free to compete

Russian Foreign Minister Sergei Lavrov said on Friday that the United States is no longer able to compete fairly in the economic field, Russian news agency RIA Novosti reported. According to the official, the United States does not use sincere tactics when it comes to economic competition with other countries.

"The United States is not in the state to compete honestly in the economy," Lavrov said. "Well, of course, in other areas not related to disarmament and the non-proliferation of weapons of mass destruction, the international legal base is being destroyed," he said.

The United States remains "the leading force" in the world, but its "relative role is declining" because developing economies, such as China and India, are growing rapidly.

The United States is trying to privatize international organizations

"There are attempts by the United States and its closest allies - the British and others - to privatize the secretariats of international organizations in practice, to familiarize their staff there, and to unite Secretariat staff from other countries where Westerners are effective," Lavrov said. He added that it was aimed at doing so in order to overcome "different ideas that were not the subject of intergovernmental negotiations, but in fact dealt with very important issues.

Dollar Trading
  • The US Dollar index fell 0.2% to 96.597.
  •  The GBP / USD pair was up 0.2% at 1.30782 .
  •  The EUR / USD rose 0.5% to hit 1.13087 .
  •  The USD / JPY rose 0.26% to hit 111.95 .
  •  The USD / CAD rose 0.37% to hit 1.33352 .
  •  The AUD / USD rose 0.5% to hit 0.7162 .


Other analysis

Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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