The dollar fell on Friday as risk appetite increased ahead of US jobs data due later on Friday.<\/p>\n\n\n\n
Trading witnessed a great calm today, Friday, with the London markets closed due to a public holiday.<\/p>\n\n\n\n
The dollar index fell 0.1 percent to 101.75 against a basket of other major currencies, while the euro rose 0.1 percent to $1.0747.<\/p>\n\n\n\n
Meanwhile, the Swiss Franc is hovering around mid-May levels after SNB President Thomas Jordan indicated that the central bank may take action if inflation pressures persist.<\/p>\n\n\n\n
The Swiss National Bank has so far stuck to its ultra-loose policy, but prices in the country rose to a nearly 14-year high in May.<\/p>\n\n\n\n
The yen was not far from a 10-year low against the dollar at around 130 with the Bank of Japan sticking to a deeply low-interest rate policy.<\/p>\n\n\n\n
Bank of Japan Governor Haruhiko Kuroda said on Friday that it is not desirable for prices to rise too much when household income growth remains weak.<\/p>\n\n\n\n
The Canadian dollar was steady at 1.2571 against the dollar, having jumped the previous day, as the Bank of Canada opened the door to a sharper tightening pace.<\/p>\n\n\n\n
As for cryptocurrencies, Bitcoin rose about 0.6 percent and recorded in its latest trading of $ 30,379. Ether fell one percent to $1,815.<\/p>\n","protected":false},"excerpt":{"rendered":"
The dollar fell on Friday as risk appetite increased ahead of US jobs data due later on Friday. Trading witnessed a great calm today, Friday, with the London markets closed due to a public holiday. The dollar index fell 0.1 percent to 101.75 against a basket of other major currencies, while the euro rose 0.1 …<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[7211,6877,6928,6882],"class_list":["post-66504","post","type-post","status-publish","format-standard","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=66504"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66504\/revisions"}],"predecessor-version":[{"id":66505,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66504\/revisions\/66505"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}