(New York Exchange) Risk appetite returned, the dollar fell to a near two-week low, the euro and the pound strengthened | Anue Juheng

US dollar indexTuesday (17th) fell for 2 consecutive days, to a near 2-week low, the recovery of risk appetite weakened the attractiveness of the dollar to investors. Spurred by hawkish comments from European Central Bank (ECB) officials,EURGains, supported by strong jobs dataGBPgo stronger.

The Home Depot (HD-US), United Airlines (UAA-US) and other companies, the news that China plans to relax technology regulations and the progress of epidemic prevention, support the overall market sentiment.

ICE, which tracks the dollar once morest six major currencies, is late in New York US dollar index (DXY) fell 0.81 percent to 103.34, the lowest since May 6.

“Sentiment has improved significantly from last week, with most asset classes rebounding and returning to last week’s trend,” said Brad Bechtel, global head of foreign exchange at Jefferies.

Looking at the performance of economic data, US retail sales achieved solid growth in April, with a monthly increase of 0.9%, which was better than market expectations. Even if inflation remained high, there was no sign that demand was affected.

After the retail sales figures were released,US dollar indexStill weak, losses pared slightly following Federal Reserve Chairman Jerome Powell stressed his determination to tighten monetary policy.

Powell on Tuesday reiterated his pledge to bring inflation back to his 2 percent target, saying he would continue to support rate hikes until prices fall back to healthy levels.

EURSupported by the central bank’s hawkish comments, it rose 1.11% to $1.0550 once morest the dollar, extending last week’s rebound and widening the distance from parity with the dollar.

Dutch central bank governor Klaas Knot said he supported the idea of ​​a 25 basis point rate hike in July, but did not rule out support for a larger rate hike if inflation risks worsened, becoming the first to signal a chance of a 50 basis point rate hike. bps of European Central Bank (ECB) officials.

Money markets are now predicting that the European Central Bank will raise interest rates by 105 basis points by December.

GBPIt rose 1.40% to $1.2491 once morest the dollar, a nearly two-week high. Earlier, the UK announced that the Q1 unemployment rate fell to a near 50-year low, and job vacancies rose to 1.3 million, a new high, indicating that the labor market is still tight, and the strong employment data will help boost the central bank’s interest rate hike expectations.

considered as a risk appetite liquidity indicatorAUDIt was also higher, rising 0.76% once morest the dollar to $0.7025, a near one-week high.

The Reserve Bank of Australia (RBA) announced the minutes of its meeting on Tuesday that the central bank had considered raising interest rates by 40 basis points in May, but finally chose to raise interest rates by 25 basis points, and strongly suggested that it will raise interest rates once more at the meeting next month.

USD/OffshoreRMBdown 0.73% to 6.7444 RMBthe coin has fallen regarding 7% since mid-April.

In terms of epidemic news, as the closure of the city entered its seventh week, Shanghai achieved a record of zero confirmed cases outside the quarantine area for 3 consecutive days on Tuesday, and continued to move forward on the road to unblocking.

cryptocurrencyThe market is relatively quiet,bitcoinIt rose 1% to $30,237.5, and continued to oscillate around the 30,000 level.etherIt rose 1.2 percent to $2,060.6.

As of Wednesday (18th) Taiwan time regarding 6:00 Price:

  • US dollar indexReported 103.29. -0.8818%
  • EURExchange rate once morest the US dollar (EUR/USD) at 1 EURAgainst $1.0549. +1.1022%
  • GBPExchange rate once morest the US dollar (GBP/USD) at 1 GBPAgainst $1.2491. +1.3880%
  • AUDExchange rate once morest the US dollar (AUD/USD) at 1 AUDAgainst $0.7027. +0.8178%
  • dollar once morestCanadian Dollars (USD/CAD) exchange rate at 1.2811 US dollar Canadian Dollars。-0.2957%
  • dollar once morestJapanese Yen (USD/JPY) exchange rate at 129.35 USD Japanese Yen。+0.2247%

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