The dollar continues to rise for the fifth consecutive day notes rise against the euro after Federal Reserve Chairman to Minneapolis, Kocherlakota said that the rise in interest rates this year will ensure inflation. The US currency fell for the first time in three days against the yen after economists' expectations for better data on unemployment benefits did not materialize. The dollar retreated today of JPY 0.1% to 119.56 yen per dollar. "The increase in interest rates in 2015 will lead to a slower recovery of inflation," said Kocherlakota statement today.
The euro registered its biggest drop against the yen this week of June, since after Mario Draghi announced that the incentives probably soon will become a reality, by buying government bonds. The euro fell against the dollar by 0.1% to $ 1.1808 per euro. Against the Japanese currency, the euro made a slight change to 141.15 yen per euro, as this week, it retreated by 2.4%
Australian dollar retreated in Asian session against the US after the weak data on retail sales, which do not meet expectations for 0.2%, noting level 0.1% and the index of AIGv field of construction, whichever scored 44.4 points compared to 45.4 points for the previous period. Aussie trading at $ 0.8135, as this is the second consecutive day of decline.
Varchev Finance
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.