The dollar strengthened, despite the escalation of tension between the US and the DPRK - Ester Holdings

The dollar strengthened, despite the escalation of tension between the US and the DPRK

Investing.com – The dollar rose against other major currencies in the Friday morning, and the dollar index tested level 94. The news was affected by President Trump’s cancellation of the planned summit with the leader of North Korea.

The dollar was not affected by Trump’s decision to cancel the summit on June 12, which could increase the degree of geopolitical tensions in the region.

The dollar index, which reflects the strength of the dollar against the basket of six major currencies, added 0.11% to the level of 93.83. Last Wednesday, the dollar strengthened to the high of this year at 94.10.

The White House published Trump’s letter to the leader of the DPRK, in which the US president refused to attend the summit. In recent statements by Pyongyang, Trump saw “anger and open hostility” and called the outcome unsuccessful for both North Korea and the world.

The pair USD/JPY added 0.27% to 109.54. However, the yen, which, as a rule, grows in times of market instability, has not strengthened on the news. Core inflation in Tokyo also was slightly below expectations, reaching 0.5% against the forecast 0.6%.

The pair AUD/USD dropped by 0.11% to 0.7566. Geopolitical problems put pressure on the Australian business, tied to market sentiment.

The People’s Bank of China set the benchmark rate for the yuan against the dollar at 6.3387 against 6.3816 a day earlier. The pair USD/CNY added 0.10% and traded at the level of 6.3387.

Аналитическая рассылка

分析 交貨
签署每日早晨分析报告,首先了解最重要的市场活动!

Вы с украины?