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The Dollar Ended Lower

Published 11/18/2014, 12:22 AM
Updated 07/09/2023, 06:31 AM
DX
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The negative impact is not as strong as expected by experts, statistical data on employment in non-agricultural area of the United States population in the US currency was found that surprisingly, the short-term. "Yesterday the dollar again began to show growth in respect of a substantial part of his opponents," - explained the analysts of Traders Union. The decline in the US unemployment rate once again confirms the steady rise of the labor market of the country. However, prior to the publication of new macroeconomic growth in American can be limited.

The negative impact is not as strong as expected by experts, statistical data on employment in non-agricultural area of the United States population in the US currency was found that surprisingly, the short-term. "Yesterday, the dollar again began to show growth in respect of a substantial part of his opponents," - explained the analysts of Traders Union. The decline in the US unemployment rate once again confirms the steady rise of the labor market of the country. However, prior to the publication of new macroeconomic growth in American can be limited.

Macroeconomic calendar until pleases of traders abundance of important stats

Despite this, the decline in the Japanese currency and the rise of stock markets could help the dollar / yen to continue climbing in the direction of 120.00 points, which can act as a long term goal. In a near future we can expect bounces below, which will determine the stock market. In view of this, specify the experts Forex, buying the dollar against the yen, costs control codes that show excessive growth.

On 11 November, to be expected: Japan data on bank loans and the total balance of foreign trade will be announced at 03:50; Chinese data on new loans will be at 06:00; index of consumer confidence in the Japanese economy will be released at 09:00.

Today's macroeconomic calendar is not happy traders abundance of important stats neither the United States nor the eurozone. Traditionally, Americans today celebrate Veterans Day, in connection with which the country's banks are not working. Thus, the activity of the market will be rather sluggish.

According to analysts of Traders Union (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/), traders will continue to analyze the data obtained previously and wait for new publications on the euro area and the United States, who will be able to change the direction of world currencies. Not worth while to forget and geopolitical factors. So, held in the breakaway republics of eastern Ukraine election may cause the introduction of new sanctions against Russia, which Moscow can answer similar measures. In this case, the situation in the global economy may significantly worsen. In addition, tensions of the Western countries and Russia are not abating.

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