The euro strengthened against the US dollar during the Asian trade. At 2:00 pm in Germany, an index of consumer prices will be published, which could be reflected in the exchange rate of this currency pair. During the Asian trade, the euro strengthened against the US dollar by 0.11%.
The British pound strengthened against the US dollar during Asian trading. The United Kingdom is doing its work shortly due to the upcoming New Year. Today there are no economic news from the UK and the US, so the exchange rate of this currency pair could be under the influence of the technical analysis indicator. During the Asian trade, the British pound strengthened against the US dollar by 0.22%.
The US dollar weakened against the Japanese yen during Asian trading. The currency of this currency is still under the influence of positive data published yesterday in Japan, above all better industrial production and retail price. Today’s announcement of economic news from the US and Japan has not been announced. During the Asian trading, the dollar weakened against the Japanese yen by 0.20%.
Gold prices strengthened during Asian trade. This year, the price of gold has recorded the highest growth rate since 2010. Growth in the price of this precious metal was supported by an increase in the sentiment of geopolitical risk in 2017. During Asian trading, the price of gold increased by 0.05%.
During Asian trade, the price of crude oil has strengthened. A US government report yesterday showed a drop in crude oil stocks, which strengthened the rising trend at the price of this fuel. Tonight at 7:00 pm in the United States, Baker Hughes will report, showing the number of newly opened oil wells, which can be further reflected in the price of crude oil. During Asian trade, the price of crude oil increased by 0.58%.
Dax weakened on Thursday. The biggest loss was recorded by companies from the industry, telecommunications and software sectors. From the winner, Lufthansa AG (+ 0.14%) and the loser Deutsche Post (-1.17%) were separated. The volatility index recorded by the sentiment of the investor regarding the expected volatility in the future period increased by 6.46% and is at 14.12 points.