U.S. expensive on Friday and completes the week of growth in euro on fears of deepening recession
U.S.
expensive on Friday and completes the week of growth in euro on fears of deepening recession - after statdannye of the labor market in the United States and Europe have confirmed an increase in unemployment, investors have returned to invest in relatively safe dollar assets, reports Bloomberg.
euro was worth $ 1.3992 at 9:03 on Friday to $ 1.4003 at the end of the previous session. Since the beginning of the week dollar and the euro gained 0.5%.
Course
single European currency to yen has fallen by this time up to 134.28 yen against 134.34 at the end of the session on Thursday.
value of the dollar against the Japanese natsvalyute was at 9:03 95.98 yen against 95.94 the previous day.
Markets have been the dose of reality when undue optimism about the growth of economic recovery - said the head of the exchange unit Societe Generale in Tokyo, Yuji Saito. - Reluctance to risk returns, yen and the dollar will buy.
Unemployment in the United States in June rose to 9.5%, which is the highest level since August 1983, compared with 9.4% a month earlier.
In Europe, the unemployment rate in May to reach 9.5%.
number of jobs in the U.S. economy in the past month fell by 467 thousand less than experts predicted a significant reduction - to 367 thousand
experts expect a further improve the unemployment rate in the country this year, which has a negative impact on consumer spending, which accounts for about 70% of U.S. GDP, and may slow economic recovery.
Head of the European Central Bank (ECB) Jean-Claude Trichet announced on Thursday that the activity is likely to remain weak and the recovery in the euro-zone economy is not expected until mid-2010.
ECB on Thursday kept the base interest rate at 1% per annum, a minimum of in the history of the ECB since 1999. The decision of the CB coincided with expectations of analysts.
bet the ECB remains the highest among the G7.
Analysts predict higher volatility in the foreign exchange auctions in Asia on Friday, as U.S. markets will be closed.
Shareholders CHTSZ have decided not to pay dividends for the year 2008 in connection with its loss
At the forex U.S. dollar on Thursday once again look better than European rivals
The price of oil fell by almost 4% because of concerns over the prospects for economic recovery
The course is kept buying the dollar unchanged - the morning review of cash markets
Debt of Ukraine in May rose by 7.9%
First on the market
Europe recommended that the gas reserve, where you can
Budget lacks 35 billion
The drop in Dow Jones on Thursday, it was maximum in April, SP has completed in the red 3rd week
