The dollar rose against other major currencies after data released which showed that the US private sector, agricultural van, opened the 177,000 jobs in August. Official data showed that the US private sector, agricultural van, opened the 177,000 jobs in August, after rising 194,000 in July, while analysts expected growth of 175.000.Forex pair EUR / USD fell to 1.1131. The US currency rose against the yen, pound and Swiss franc. USD / JPY climbed to 103.42, GBP / USD fell to 1.3085, and USD / CHF jumped to 0.9845. USD / CAD rose to 1.3124, AUD / USD fell to 0.7500, while the NZD / USD dropped to 0.7235. Canadian gross domestic product rose in July by 0.6 percent after falling 0.6 percent in the previous month. Economists had predicted growth of 0.4 percent. Preliminary data showed that industrial production in Japan remained unchanged in July, after rising 2.3 percent in the previous month, while the predicted growth of 0.8 percent. The number of new houses in Japan rose in the second quarter to 8.9 percent from minus 2.5 percent in the previous quarter, while analysts expected growth of 7.4 percent. Retail sales in Germany rose in July to 1.7 percent, after falling 0.6 percent in the previous month, while analysts expected growth of 0.5 percent. The unemployment rate in the eurozone was unchanged.
US stocks on Wall Street have fallen because they are better than expected data on consumer confidence index in the United States prompted concerns that the Federal Reserve could in September to increase interest rates. Dow Jones was down 0.26 percent, the S & P 500 dropped 0.20 percent, while the Nasdaq was lower by 0.18 percent. Official data showed that the consumer confidence index in the US rose in August to 101.1 points from 96.7 in July, while economists had expected growth to 97.0 points. Vice President of the Fed, Stanley Fischer, said yesterday that the US labor market close to full employment and that the pace of raising interest rates depend on the state of the economy. Asian stocks were mixed. Japanese Nikkei 225 index rose 0.79 percent. Nikkei ended trading Wednesday with nearly one percentage gain 0.97%. This was mostly contributed to the growth of action in the shipbuilding sector, transport and electricity generation. Index volatility of the index has dropped nearly one percent on 22,7.Hang Seng index in Hong Kong climbed 0.08 percent, while Australia’s S & P / ASX 200 was lower by 1.07 percent. European stocks fell. Euro Stoxx 50 was down 0.03 percent, France’s CAC 40 rose 0.04 percent, Germany’s DAX 30 was lower by 0.20 percent, while London’s FTSE 100 fell 0.18 percent.
The Australian dollar was steady against other major currencies after data released which showed that the total amount of new loans issued to consumers and businesses in Australia increased in July. Forex pair AUD/USD recorded the peak at 0.7532 and subsequently consolidated at 0.7521. Data showed that the total amount of new loans issued to consumers and businesses in Australia rose in July by 0.4 percent, after rising 0.2 percent in the previous month, which was in according to the projections. In relation to the euro, the Australian dollar has strengthened. EUR / AUD dropped to 1.4813. The unemployment rate in Germany remained unchanged in July at 6.1 percent, which was in line with predictions. The number of unemployed fell in July for 7,000 people after the fall of 8,000 in the previous month. Analysts had expected a decline of 5,000. Report on the euro area showed that consumer price inflation rose in August by 0.2 percent and predicted to rise by 0.3 percent, following an increase of 0.2 percent in July. Core inflation, which excludes prices of food, energy, alcohol and tobacco, rose 0.8 percent after rising 0.9 percent in July. The Australian dollar rose against the yen. AUD / JPY climbed to 77.53. Against the pound, the euro fell but rose against the yen and the franc. EUR / GBP dropped to 0.8477, EUR / JPY jumped to 115.02, and the EUR / CHF has risen to 1,0966.Jedinstvena currency rose against the Canadian but fell by New Zealand. EUR / CAD jumped to 1.4594 and EUR / NZD fell to 1.5366.
The British pound last week fell against the dollar despite positive economic results. British economy based on imports is also putting significant pressure on sterling. Britain has significantly higher import than exports of goods and is therefore heavily dependent on foreign investment. The referendum, however, has raised concerns that in future foreign investment significantly reduced. Bank of England Inflation Report, however, showed that the fall in the pound may be considered positive when it comes to foreign investment because of cheaper. The pair GBP / USD continued the downward trend begun on Friday. The sharp rise of the dollar had a negative impact on the movement of this currency pair, despite positive economic results were published last week in the UK. From the beginning of the week, the British pound is moving in a relatively narrow range in the morning in the UK published a report on the index of house prices in August and he performed better than expected, which had a positive result on the British currency. USD / CHF was after a minor consolidation continued to grow. Last week, increased as the Swiss currency had the biggest decline among all major currencies. Fluctuation of the dollar will likely continue until the end of the week, especially on Friday when the expected publication of the relevant reports from the US labor market.
It can see the explanation all currency pairs and the stocks during this trading week. Investors will watch NFP be published on Friday. This data could push higher/lower the US dollar against the major currency pairs.