| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 00:30 | Japan | Manufacturing PMI | June | 53.3 | | 52.7 |
| 00:30 | Japan | Nikkei Services PMI | June | 52.6 | | 54.2 |
| 06:00 | United Kingdom | PSNB, bln | May | -21.1 | | -13.2 |
During today's Asian trading, the US dollar consolidated against major currencies, as investors were cautious ahead of the publication of PMI indices.
Yesterday, the US dollar fell by 0.4% against the euro and by 0.25% against the yen after the speech of the chairman of the Federal Reserve System (Fed) Jerome Powell in the Senate Banking Committee, but in the future it may resume growth, experts say.
Powell acknowledged that it will be difficult to avoid a recession in the US economy, since the Fed will have to continue raising rates in order to achieve a slowdown in inflation.
"The global economy is facing weakening growth, high inflation and tightening monetary conditions. The world's largest economies will suffer from various causes. The deterioration of risk appetite in global markets, as well as the aggressive tightening of the Fed's policy, will help strengthen the US currency," CapEcon analysts said.
The US Dollar Currency Index (DXY), which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) rose by 0.03% after declining by 0.20% on Wednesday.