Forex – dollar advances to a one-week summit


© Reuters.

Investing.com – The greenback has continued to rise Wednesday, as investors turned away from riskier assets on fears of a global economic slowdown.

The dollar index, which measures the greenback’s strength against a basket of six major currencies, jumped by 0.2% to reach a one-week summit to 96.433 at 10:51 ET (14:51 GMT).

Comments quarters of the president of the european central Bank, Mario Draghi, as well as concerns about the bond market have sent worrying signals about the health of the economy.

Earlier in the day, Draghi said that the ECB could delay the interest rate increase and had always other tools to support the economy. But he admitted that the euro zone was in a “persistent deterioration of external demand”.

At the same time, yields on us Treasury bonds have continued to fall, the proper reference to 10 years up to 2.37 percent, while the yield of the Treasury bond in three months fell to 2,46%.

The dollar rose against the yen refuge, the USD / JPY has slipped by 0.3% to 110,31.

The pound was almost unchanged while the Parliament was preparing for a series of votes guidance on alternatives to the agreement of the First minister Theresa May on the Brexit. The GBP / USD was at 1.3205.

Elsewhere, the AUD / USD fell 0.7% to 0,7080, while the NZD / USD has lost 1.6% to 0,6793. The loonie was down, with the USD / CAD rose 0.3% to 1,3421 and the EUR / USD down 0.1% to 1,1258.

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