Currency – The dollar exchange rate against its rivals

The dollar exchange rate against its rivals

The u.s. dollar was little changed against the other major currencies on Monday as upbeat data in the u.s. housing sector on Friday continued to support it despite new concerns with u.s. policy.

Transaction volumes are expected to remain low, the u.s. markets were closed on Monday on the occasion of the celebration of the feast of the chair.

The greenback strengthened after data on Friday showed that residential construction rose to the highest in a year, in January and building permits reached their highest level since 2007.

The report is optimistic, has overshadowed new worries about the deficit in the United States, which is expected to climb to nearly $ 1 trillion in 2019, following the recent announcement of infrastructure spending and large tax cuts for corporations.

The expectations of a monetary tightening faster outside of the United States, which would reduce the divergence between the federal Reserve and other central banks, have eroded the relative attractiveness of the dollar for investors.

The dollar index, which measures the greenback’s strength against a basket of six major currencies, was unchanged for the day at 89,08 at 05:15 a. m. AND (09:15 GMT).

The yen was lower, with the USD / JPY up 0.38% to 106,60, after having hit a low of 15 months of 105,55, while the USD / CHF has continued to 0,9275.

Elsewhere, the euro was moderately higher, with the{{01| EUR / USD}} increase of 0.10% to 1.2416, while the GBP / USD fell 0.08% to 1.4017.

The australian dollar has been stronger, with the AUD / USD rising 0.23% to 0,7923, while the NZD / USD has continued to 0,7382.

During this time, the USD / CAD remains unchanged 1,2550.

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