American Holiday Weekend Make Dollar Falls

American Holiday Weekend Make  Dollar Falls

The movement of the u.s. dollar in early Asian trading session of the week (15/02)rectified on all major and minor currencies after last weekend successfullystrengthened quite significantly by the rally in U.S. and European stock exchanges last weekend despite mixed economic data was released.

Today the concern is the forex market to rise against the Chinese financial market conditions after the week off because the Chinese new year, the market viewed the yuan currency movements negatively opening trade this morning.

These conditions are utilized all competing rivals especially the yen late last week fellfrom the top of the highest 15 months against the dollar, the yen this morning trying to win the heart of such market participants with the safe haven other rates such asthe euro, and swissfranc.

American Holiday Weekend Make  Dollar Falls

Initiate a trade this week, financial markets United States holiday due tocommemorate the day the President, so there is no strong fundamental direction forthe movement of the us dollar until the night session later. Similarly for driving rivalscompeting today the market awaits data on foreign trade of China.

To move in the current spot market (01:00:37 GMT), the dollar index which measures the strength of the us dollar against its main rivals are the natural decline of 0.01% after it opened at the position of 96.06 and is now moving in the range of 96.07