The U.S. dollar rose supported positive economic data
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The U.S. dollar rose supported positive economic data

Thursday, May 21, 2020


WORLD NEWS //- The U.S. dollar strengthened against a basket of other major currencies in late trading on Thursday (Friday morning GMT), as traders digest a number of economic data is better than estimates.

The U.S. dollar index, which measures the greenback against six major currency rivals, gained 0.24 percent to 99,3670.

In late New York trading, the euro fell to a 1,0955 the U.S. dollar from 1,0984 the U.S. dollar in the previous session and the British pound rose to 1,2235 the U.S. dollar from 1,2230 the U.S. dollar in the previous session. The Australian dollar fell to be 0,6564 the U.S. dollar from 0,6600 the U.S. dollar.

The U.S. dollar bought 107,58 Japanese yen, higher than 107,48 the Japanese yen in the previous session. The U.S. dollar also climbed into a level of 0.9701 Swiss franc from 0,9647 the Swiss franc, and rose to 1,3947 the Canadian dollar from 1,3891 the Canadian dollar.

In economic data, initial jobless claims of the United States, rough way to measure termination of employment (PHK) to achieve 2,438 million in the week ended May 16, the U.S. Department of Labor reported Thursday (21/5/2020).

During the last nine weeks, more than 38 million Americans have filed for unemployment insurance, as the economy continues to stagger in the middle of a pandemic COVID-19.

Meanwhile, companies of the private sector AS reported the rate of contraction of activity a little more slowly in May, when the economy began to reopen, a provider of global information of the London-based IHS Markit said on Thursday (21/5/2020).

The Composite PMI (Purchasing Managers Index) U.S. introduction of the IHS Markit recorded a 36.4 in May, up from 27,0 in April.