empty
 
 
American Dollar Rate
loader




The American dollar keeps on gathering pace amid weak statistics from the Eurozone and political uncertainty in some European countries. Yesterday euro weakened versus the US dollar to the level of 1.3121 having fallen from the mark of 1.3184 dollars versus euro at the previous session closing. The dollar-yen pair dropped to 81.14 against the greenback from 81.52 yens the day before.


The dollar index reflecting the US dollar rate versus the 6 currencies basket advanced by 0.54% - to the mark of 79.58 points. The trade participants are concerned over the remaining instability in the Eurozone economy.


On Monday the investors fears increased after a report publication, according to which the aggregative business activity index in the production and services sector within 17 euro area countries fell in April to the lowest level for 5 months which is equal to 47.4 points from 49.1 points in March.


The actual reading did not come in line with economic outlooks which had predicted an uptrend to 49.3. Aside from that, the American currency rate contributes to political instability in some European countries.


Thus, the Dutch Prime Minister Mark Rutte submitted resignation after unsuccessful negotiations with the opposition relatively the budget for 2013. The investors attention is attracted by presidential elections in France.  


Calendar and reviews
Editor's choice
Considering St. Petersburg's business status, InstaForex holds its annual conferences for its partners, traders, and potential clients here. The new event took place in one of the most prestigious hotels of St. Petersburg Marriott Renaissance. Traditionally, the conference focused on the most relevant topics of currency trading and opportunities provided by investments in the forex market.
Vojtěch Štajf, InstaForex Lopris Team navigator, talks about the highlights of the Silk Way Rally (Krasnaya Polyana)
Trader’s calendar on March 28: Any winners in Trump’s tariff game?
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback