The US dollar is under pressure of statistical data

The US dollar was under pressure after the publication of statistical data on the US. The number of initial applications for unemployment benefits amounted to 249 thousand, exceeding the previous value of 239 thousand. The index of manufacturing activity by the Federal Reserve Bank of Philadelphia in November fell to 22.7%, against the November value of 27.9. The employment index from the Federal Reserve Bank of Philadelphia declined in November to 22.6, against the October value of 30.6.

Based on this statistics, the US dollar index retreated from the session’s maximum 93.918 and  moves in a narrow range.

Fig. The graph of the US dollar index, current price of DXY – 93.821.

Alexander Sivtsov