Currency – The dollar remained lower against its rivals

The dollar remains lower against its rivals

The dollar remains lower against a basket of currencies on Monday, while asian stock markets have stabilized after the liquidation of the last week, which has lessened the demand for the greenback.

The sentiment improved in the United States after the United States Congress has adopted a budget deal two years early Friday morning, putting an end to a brief closure of the government.

The agreement is expected to boost federal spending by nearly $ 300 billion and suspend the debt ceiling for a year.

The activities of the government were temporarily closed when there is a deadline of midnight to pass the budget deal american was missed Thursday because of a speech extended to senator Rand Paul, who said that the bill “pillerait the Treasury”.

The dollar index, which measures the greenback’s strength against a basket of six major currencies, dipped 0.09% 90,13 at 05:15 a. m. AND (09:15 GMT). The index increased from 1.45% last week.

The euro and the pound have improved slightly, with EUR / USD rising 0.11% to 1,2265 and the GBP/USD up 0.11% to 1.3838.

The pound sterling has weakened against the dollar and the euro on Friday after Michel Barnier, the negotiator for the Brexit from the european Union, has warned Britain that an agreement of transition post-Brexit “was not a given”.

The yen and the swiss franc have also been stronger, with USD/JPY down 0.10% to 108,68 and the USD/CHF down 0.13% to 0,9381.

In Japan, it is expected that Haruhiko Kuroda was re-elected at the head of the Bank of Japan and continue to probably the monetary policy of ultra-soft the country.

Elsewhere, the australian dollar was moderately higher, with AUD/USD up 0.10% to 0,7823 and NZD/USD down 0.17% to 0,72453

Moreover, USD / CAD fell 0.09% to settle at 1,2568.

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