The US dollar is stable. The US GDP data

The US dollar remains stable against the mixed statistics on the US.

• Preliminary data on GDP for the 4th quarter indicated a slowdown in the growth of the indicator to 2.6%, against the previous value of 3.2%.
• The GDP deflator in the fourth quarter showed an increase of 2.4%, exceeding the previous value at the level of 2.1%.
• Orders for basic durable goods increased by 0.6% in December, exceeding the previous value of 0.3%.
• Orders for durable goods increased by 2.9%, compared to the previous growth of 1.7%.

The US dollar index moves near the minimum mark of Friday at 88.56, while losing about -0.40% of the positions since the beginning of trading on Friday. The main pressure on the US currency is caused by a decrease in the yield of the US state bonds, which on average dropped by -0.09%.

Fig. Graph of the US dollar index. Current price of DXY is 88.85

Alexander Sivtsov