During the Asian trade, the euro strengthened against the dollar affected by the temporary closure of government activities due to a lack of agreement in the Congress. At around 8:35 am, the euro is exchanged for $ 1.2273, which at the beginning of the European session shows a strengthening of the euro by 0.21%. Today, the sentiment on the dollar can be influenced by discussions about the financing law in the US Congress.
During Asian trading, the dollar weakened against the British pound. At 10:30, a set of macroeconomic data from the UK is expected (on the manufacturing industry, the state of the trade balance, etc.), and at 2:00 pm and a forecast on the growth of GDP UK. At 08:35 hours, this currency pair is at $ 1.3974 per pound, which means the weakening of the dollar by 0.45%. Today, the sentiment on the dollar can be influenced by discussions about the financing law in the US Congress.
During Asian trading, the Japanese yen weakened against the dollar. At around 8:35 am, this currency pair is traded at the level of 109.12 yen per dollar, which makes the dollar stronger at yen by 0.35% at the beginning of the European session. Today, the sentiment on the dollar can be influenced by discussions about the financing law in the US Congress.
The price of gold is quite oscillating during Asian trading. The price of gold is around $ 1317 for a fine ounce around 8:35 am. The news that the Congress did not reach an agreement on a federal funding law puts pressure on the dollar.
During Asian trade, crude oil prices continue to decline. Iran has announced plans to increase production. It was also announced that China plans to release its long-awaited futures on crude oil at the end of March. At the end of the Asian session, crude oil is traded about $ 60.62 per barrel, which drops about 0.87%. At 7:00 pm, a weekly weekly data on the number of oil wells in the United States, released by Baker Hughes, is expected.
Dax30 fell strongly on Thursday (-2.62%) to 12260.29 points. Bad sentiment in stock markets has expanded globally. Early this morning, Nikkei225 closed in a minus 2.27%. The loser of the day was Infineon’s share (-5.38%).