The value of the dollar towards the Currency basket also fell last week, a third in a row, with the most his course to Japan’s Jene.
The dollar index, which shows the value of US towards the six most important world currencies, slipped 0.15 percent last week, to 106.65 points.
The euro exchange rate has weakened 0.3 percent to $ 1,0458 per dollar. But the American currency fell sharply according to Japanese, by 2 percent, so her course was spoiling at 149.25 yen. The weakening of the dollar index on the third week in a row, mostly the consequence of its sharp crash towards Japanese currency.
Since inflation in Japan is growing, the Japanese Central Bank (BOJ) will soon further increase the key interest rates, so the difference between the US Fed and BOJ interest will be reduced.
In addition, Jen strengthened because he is considered a safer refunction for capital in preceivation, and in the financial markets, uncertainty government, among other things, due to uncertainty regarding peace negotiations between Russia and Ukraine. Investors are insecure and due to the risk of trade war.
