The dollar rate goes down on Thursday following a decline in yield of US Treasuries
US dollar depreciates against other major currencies on Thursday following a decline in yield of us government bonds, investors are disappointed with the lack of specificity about future actions of the government of Donald trump.
Euro to 15:00 kV 16 February cost $1,0651 compared to $1,0611 closing the North American market on Thursday.
The dollar against the yen was 113,46 yen against 114,07 yen/$1 at the end of the previous session. The Euro paired with the Japanese national currency also decreased to 120,84 yen against 121,05.
However, experts note that this week there were enough factors that can lead to the rise of the U.S. currency.
In particular, a number of representatives of the Federal reserve system (FRS), including the chair Janet Yellen and her Deputy, Stanley Fischer, said about the possibility of imminent interest rate hike in the US.
In addition, published on the eve of a strong inflation data may become an additional argument in favor of a rate hike at one of the next meetings of the Federal Committee on open markets (FOMC).
As reported, consumer prices (index CPI) in the U.S. in January increased by 0.6% compared to December and increased by 2.5% in annual terms. Inflation was the highest in four years.
The CPI is not the key for the fed, but indicates the General trend of accelerated growth of prices.