The euro has weakened against the US dollar during Asian trade. A consumer price index (CPI) will be announced today at 12:00 in the Eurozone, which is one of the primary indicators that central banks take into account when deciding on the direction of monetary policy, which can affect the European currency. During the Asian trading, the euro weakened against the US dollar by 0.25%.
The British pound strengthened against the US dollar during Asian trading. Today at 12.15 hours the speech is held by Governor of the Bank of England Mark Carney, which may be reflected in the currency of the United Kingdom. During the Asian trade, the British pound strengthened against the US dollar by 0.03%.
The US dollar weakened against the Japanese yen during Asian trading. Last night, a North Korean official told the United Nations that the Korean Peninsula was on the brink of a nuclear war, which had a slight increase in the sentiment of political risk during Asian trade. In the afternoon hours in the United States, data on export and import prices and data on industrial production will be published, which can be reflected in the exchange rate of this currency pair. During the Asian trade, the US dollar weakened against the yen by 0.02%.