At a time when the dollar is weak, the rise of global currencies is being tested by non-agricultural data

The weakening dollar pushes global currencies to rise. If the rally is to continue, it is necessary to overcome this week's hurdle of US employment data. The New Zealand dollar, the Korean won, and the South African rand led gains on Tuesday, while the dollar weakened across the board. Federal Reserve Chairman Powell said on Friday that the Federal Reserve may begin to reduce the size of asset purchases this year while keeping interest rates unchanged. The dollar fell 0.6% against the euro. However, he is cautious about the employment situation. “After Powell's Jackson Hole speech last week, the market continued to settle long positions in the US dollar,” said Khoon Goh, head of the Asia Research Division at ANZ Bank. “Friday's non-farm report is for the market

新浪科技Aug 31, 2021 17:49

Q2 economic growth in the United States falls short of expectations, confirming the "economic peak theory"?

In the United States, the initial annualized quarterly rate of real GDP in the second quarter was 6.5%, which was lower than expected, and the number of initial claims for unemployment benefits fell last week. At 20:30 Beijing time on Thursday, the actual annualized quarterly rate of GDP in the United States in the second quarter recorded 6.5%, the expected value was 8.5%, and the previous value was 6.4%. The number of initial claims for unemployment benefits in the week to July 24 in the United States recorded 400000, expected to be 380000, and the previous value was 419000. The initial annualized quarterly rate of the core PCE price index in the United States recorded 6.1% in the second quarter, the highest since the third quarter of 1983. After the release of the data, the spot gold, silver and dollar index are short.

金十數據Jul 29, 2021 20:52