The US dollar slows growth

The US dollar slowed its recovery against the basket of currencies, amid weak data on open vacancies in the labor market in the United States.

• According to the published data, the number of open vacancies in the labor market was 5.879, which is lower than the previous value at the level of 5.925 million.

Based on this statistics, the US dollar index retreated from the session high at 92.36, while maintaining an upward trend on the optimism of market participants regarding the Fed’s interest rate increase in March and a decrease in demand for security assets.

Fig. Graph of the US dollar index. The current price of DXY is 92.29.

Alexander Sivtsov