Time | Country | Event | Period | Previous value | Forecast | Actual |
---|
00:30 | Australia | RBA Meeting's Minutes | | | | |
07:00 | Germany | Gfk Consumer Confidence Survey | January | -1.8 | -2.7 | -6.8 |
07:00 | Switzerland | Trade Balance | November | 4.3 | | 4.2 |
07:00 | United Kingdom | PSNB, bln | November | -12.4 | -16 | -17.4 |
During today's Asian trading, the US dollar fell slightly against major currencies. Investors are watching the new wave of coronavirus and assessing the prospects of the bill, which provides for a significant increase in budget spending in the United States.
Yesterday, the US dollar index fell by 0.09% after US Democratic Senator Joe Manchin refused to support a stimulus package of about $1.75 trillion. Previously, it was expected that the bill, dubbed Build Back Better, would be passed before Catholic Christmas.
"The dollar was under pressure due to the problems of the Build Back Better bill. Fewer stimulus measures, slower growth, and lower yields on short-term government bonds caused the dollar to weaken," IG Markets analysts said. Yesterday, the yield of two-year US Treasuries fell to the lowest level since December 3 - 0.5870%.
The pound rose 0.1% against the US dollar. Earlier, the pound declined after the words of British Prime Minister Boris Johnson about his readiness to tighten coronavirus restrictions if necessary.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.12%.