The US dollar received support

The US dollar is trying to stabilize its position against the basket of currencies based on positive data on applications for unemployment benefits and growth in manufacturing activity from the FBI Philadelphia. See the news of the market.

Since at the opening of the US stock market the situation may be similar to that of Europe, it might put pressure on the US currency and lead to its further decline against the main competitors. For more information, see Overview of the basic drivers.

Alexander Sivtsov