This weekend, the dollar is weakened by GDP and unemployment figures. The greenback appears weak against a basket of currencies.

The numbers of the day thwart all predictions and largely disappoint. The Dollar fell slightly against most European currencies. It lost 0.35% against the Euro around 1.1885, -0.3% against the Yen around 109.36 or against the Swiss Franc at 0.908. The greenback appears even weaker against the pound sterling: -0.5% to 1.3980. It suffered a more pronounced decline (-0.7%) against the Canadian Dollar towards 1.2440 and dropped -0.85% against the New Zealand dollar at 0.7000. The GDP of the United States grew by 6.5% in the second quarter of 2021 at an annualized rate, according to the very first estimate of the Department of Commerce: it is a little better than the 6.4% of the 1st quarter but it is significantly lower than the +8.5% anticipated by the consensus. Weekly jobless registrations fell from -20,000 to 400,000, again, an improvement below expectations. The Dollar is approaching a low against the Euro, around 1.1900.