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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis Friday, currencies are changing
degraded. Indeed, the dollar
American advanced at the start of the Asian session, while
that the Australian and New Zealand dollars are falling. Chinese yuan was
slightly appreciated against the dollar and the Indian rupee a
retreated.
The dollar
American advanced at the start of the Asian session
Friday, with investors waiting for the publication of the latest report on
employment in the United States and preparing for an impending Court decision
Supreme American concerning President Donald Trump's use of
its emergency tariff powers.
The dollar index, which measures the strength of the bill
green, against a basket of six currencies, grew by 0.2% to 98.883,
thus registering a third consecutive day of increase.
The dollars
Australian and New Zealand were down on Friday,
operators positioning themselves according to the American employment report,
the first reliable data since the government paralysis, which could
help determine the extent of policy easing measures
needed this year.
The Australian dollar remained stable at $0.6698,
after falling by 0.3% overnight, marking a second
A day of decline since its 15-month high at $0.6766.
The resistance is around 67 cents and 0.6705
$, while the support is found at $0.6686.
The New Zealand dollar fell by 0.1% to 0.5744
$, after also losing 0.3% overnight, thus registering its
third session of decline in a row. The support is around $0.5740.
The
Chinese yuan appreciated slightly against
Dollar on Friday, on track to record a seventh week of increase
consecutive — the longest since 2020 — while investors
were approaching the weekend cautiously and hesitant to take significant risks.
These gains were also limited by weakness
persistent indications from the central bank, with analysts forecasting a
gradual and irregular appreciation of the yuan.
The onshore yuan traded at 6.9832 for one dollar
at 7:32 GMT, slightly louder than at the close on Thursday.
LA
Indian rupee backed down on Friday, under
Pressure of demand for dollars linked to the expiry of forward positions no
deliverables and business coverage transactions, while the
global markets were waiting for a key decision from the American Supreme Court on
customs duties.
The currency closed at 90,1625 against the US dollar, down 0.1% on the day, but almost unchanged compared to the previous week. The weakness of local stock markets also weighed on the course, the BSE Sensex and the Nifty 50 recording their biggest weekly declines
.
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