Global markets: Euro continued to rise while dollar declined


Dollar at international markets declined as the investigation of Donald Trump was widened. The bonds increased and the value of euro reached the strongest level since the height of 2015 against the dollar.  European stocks fell due to pressure from the auto producers and other exporters on the rise in common currency.

The Bloomberg Dollar Spot Index turned to the lowest level in eleven months as investors assessed the quality of the inquiry that could delay investor US President Donald Trump’s economic agenda. The euro strengthened after the announcement of European Central Bank President Mario Draghi about Thursday’s exit talks on monetary loosening in the autumn.

Bloomberg Dollar Spot Index fell 0.1 percent and headed to the weekly loss of 0.8 percent. The dollar depreciated against most of its G-10. The Yen gained 0.4 percent against the US dollar, trading at 111.51. The Euro climbed 0.1 percent to a level of 1.1640 dollars. The Eurozone common currency gained 1.5 percent during the week and rose for two weeks.

The US 10-year yield of Treasury bonds dropped 1 basis point at 2.25 percent and landed. In Germany, benchmark interest rates fell by two percentage points and fell to 0.51 percent. The interest rate in France dropped by 2 percent.

Stoxx Europe 600 Index fell 0.4 percent with 2.8 percent decline in auto shares. Banks and construction companies also moved down. S & P 500 index futures, the indicator remained unchanged over the horizontal after the close on Thursday.

West Texas Oil (WTI) fell 46.52 dollars per barrel, down 0.9 percent. Copper price increased 1.5 percent and reached $ 6,047 per ton, and has gained the lead in industrial metals. Gold price headed for the first consecutive weekly earnings since June 2. Spot gold rose 0.4 percent to $ 1,249.16 per ounce.

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Global markets: Euro continued to rise while dollar declined

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