The dollar is stable with the support of trade negotiations
After recording its biggest decline for over 3 weeks last night, the dollar settled at the beginning of the session on Wednesday; Consumer price inflation data in the United States has been strengthened by the deterioration of global trade tension, without Expected from the Federal Reserve (US Central Bank).
The US Labor Department said the consumer prices index increased by 0.2 percent last month, lower than economists’ estimates at the Reuters Poll, 0.3 percent in March.
At the same time, inflation is likely to increase in the coming months, increasing the cost of imported goods with American customs duties, and after a deal with Britain last week, after the American trade policy has improved, and in the early 90 -day wealth of 90 days of wealth.
In an interview with US President Donald Trump Fox News, he said, “I am not sure about the need to act directly with his Chinese counter XI XI Xinping in relation to the final details of the trade agreement.”
Trump explained that he had “deals” with India, Japan and South Korea earlier this month.
6 Dollar Index, which measures currency performance against 6 other major currencies, fell 0.1 percent by 05:09 GMT on Tuesday.
The index increased by one percent on Monday and hit its highest level in a month, with optimism that would change the trade tension between China and the United States without a global recession.
Analysts t. At De Sikirites “is written in a research note:” We represent the dollar’s strategic restoration, which is (now). “
The memo says: “In addition to the dollar’s modest recovery in the second quarter, we hope to make another 5 percent of the dollar’s action in the second half of the year, as investors around the world diverse their investments from American assets in American assets, as they are away from American assets.
The memo explained: “This indicates the dollar sale opportunities in the second quarter of the year.”
The dollar rose 0.24 percent to 7,2122 yuan in external transactions, down from 7.1791 on Tuesday at 7.1791.
But the American currency fell 0.41 percent to 146.89 yen, down 0.66 percent on Tuesday. The dollar fell 0.1 percent to 0.8384 Swiss francs.
There is no significant change in the euro or British pound, which has recorded 11 1.1191 and 3307 1.3307 respectively.
When Trump announced comprehensive customs duties, on April 2, the dollar was less than 3 percent of its level, leading to a flight of foreign investors from American stocks and bonds.
