Here is what you need to know on Thursday, May 29:
The markets turn into a positive risk in the second half of the week, as they fear the fear of economic shrinkage in the United States (the United States) in the wake of the Federal Court’s decision to fill in the “Liberation Day” tariff for US President Donald Trump. The US Economic Analysis Office will issue its second appreciation for GDP growth (GDP) for the first quarter on Thursday. The American economic calendar will also be distinguished by the first weekly fair work demands and the April hanging home sales data.
US dollar price this week
The table below shows the percentage of change in the US dollar (USD) against the main currencies listed this week. The US dollar was the strongest against the Japanese yen.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | 0.84 % | 0.52 % | 2.15 % | 0.74 % | 0.90 % | 0.59 % | 1.24 % | |
| euro | -0.84 % | -0.31 % | 1.33 % | -0.10 % | 0.05 % | -0.25 % | 0.41 % | |
| GBP | -52 % | 0.31 % | 1.33 % | 0.22 % | 0.37 % | 0.06 % | 0.74 % | |
| JPY | -2.15 % | -1.33 % | -1.33 % | -1.39 % | -1.24 % | -1.59 % | -0.90 % | |
| CAD | -0.74 % | 0.10 % | -0.22 % | 1.39 % | 0.18 % | -0.15 % | 0.52 % | |
| Aud | -0.90 % | -05 % | -37 % | 1.24 % | -18 % | -0.34 % | 0.37 % | |
| Nzd | -59 % | 0.25 % | -06 % | 1.59 % | 0.15 % | 0.34 % | 0.67 % | |
| Chf | -1.24 % | -0.41 % | -0.74 % | 0.90 % | -52 % | -37 % | -67 % |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the US dollar from the left column and move along the horizontal line to the Japanese yen, the percentage offered in the box will represent the USD (base)/JPY (quote).
The International Trade Court, which it announced late on Wednesday, will be banned with the mutual definitions of President Trump from entering into force, explaining that Trump has exceeded his authority by imposing comprehensive duties on imports of trading partners in the United States, for every Reuters. A committee of three judges said that the comment on the use of the customs tariff as a financial lever, “This use is unacceptable because it is not wise or ineffective, but because the federal law does not allow this.” According to the Trump administration, the appeal of the Trump has already submitted, wondering about the court’s authority.
the US dollar (USD) The force collected with the immediate reaction and the US dollar index collected its highest level in more than a week above 100.50. At the time of the press, the US dollar index increased by 0.25 % a day at 100.12, while the US stock index futures were gaining between 1.3 % and 2 %, reflecting the improvement of the market mood.
Meanwhile, the lecturers of the Mayo Federal Reserve meeting showed that officials witnessed an increase in uncertainty about economic expectations. “Participants note that they may face difficult bodies if inflation proves that it is more stable while the requirements for growth and employment are weakened,” the post pointed out.
gold She was subjected to heavy pressure in the Asian session and fell to its lowest level since May 20 less than $ 3,250 before a higher correction. As of writing this report, Xau/USD decreased by 0.5 % a day near $ 3,270.
Euro/dollars The weekly chip extended and entered a moving distance of 1.1200 before recovering over 1.1250 of the European morning.
GBP/USD About 1.3400 continued to decrease in the Asian session on Thursday after the previous two days were closed in negative lands. The husband regains his drag in the early European session and trades marginally a day in about 1.3450.
Japanese Finance Minister Katsonobo Kato said on Thursday that he had agreed with US Treasury Secretary Scott Pisent that the market should specify exchange rates. Meanwhile, the chief trading negotiator in Japan and Economy Riosi Akazawa said he wanted to meet with Pesin to hold ministerial talks and repeated that they would continue to demand the re -tariffs of the United States. USD/JPY It depends on its weekly gains and circulates it over 145.50, as it increased by about 0.5 % a day.
The risks of feelings common questions
In the world of financial terminology, the two terms are widely indicated by “risk” and “risk” to the level of risks that investors in the stomach want during the aforementioned period. In the “risk” market, investors are optimistic about the future, and therefore they are more willing to buy risky assets. Relatively modest.
Usually, during periods of “risks”, stock markets will rise, most goods-with the exception of gold-value, will benefit from positive growth expectations. The currencies of countries that are a source of heavy goods are enhanced due to increased demand and the height of encrypted currencies. In the “risk” market, the bonds-especially the major government-golden barking bonds, and safe clips such as the Japanese yen, the Swiss franc and the US dollar.
The Australian dollar (AUD), the Canadian dollar (CAD), the New Zealand dollar (NZD) and the small FX such as RUBLE (RUB) and Rand South African (Zar), tend to rise in the “risk” markets. This is because the economies of these currencies are largely dependent on the exports of the basic commodity for growth, and the goods tend to rise in prices during the risk periods. This is because investors expect more demand for raw materials in the future due to an increase in economic activity.
The main currencies that tend to rise during “risk” periods are the US dollar (US dollar), Japanese yen (JPY) and Swiss franc (CHF). The US dollar, because it is the world’s reserve currency, and because investors in times of crisis buy the debts of the US government, which are safe because the largest economy in the world is unlikely to fail to pay. Elaine, from increasing demand for Japanese government bonds, because a high percentage is kept by local investors who are unlikely to get rid of them – even in a crisis. The Swiss franc, because strict Swiss banking laws provide investors to protect capital.
