The US dollar strengthens against most majors, ignoring the weak data on retail sales in the US, published on Friday. On a monthly basis the indicator dropped to 0.1% in August from 0.7% a month earlier. USD is supported by positive expectations of investors regarding the prospects for further raising the interest rate by the Fed.
Quotations of the pair EUR/USD fell to 1.1627 under the pressure of the general strengthening of the US dollar, and due to weak statistics on the euro area's trade balance. Today, market participants are waiting for the release of the data on the euro area's CPI (11:00 GMT+2).
Quotes of the pair GBP/USD fell due to the general strengthening of the US currency. Also pressure on the pound is made by the statement of Mark Carney, the head of the Bank of England, in the speech that took place on Friday. The official believes that Brexit without a deal will lead to a fall in housing prices by 25-35%, and the total damage to the British economy from the withdrawal from the EU in scale can be compared with the financial crisis of 2008. Due to this, the quotes of the pair dropped to 1.3087. Today, the macroeconomic calendar of the UK and the US lacks significant releases, so the pair's movement is possible within the trend set on Friday.
The rate of the pair USD/JPY showed moderate positive dynamics on Friday. The growth stopped at 112.10, from which the instrument corrected to the area of 111.91. Due to the holiday in Japan and the lack of macroeconomic releases in the US, there is a low trading activity and a lateral trend of the rate.
The AUD/USD pair fell under the pressure of the strengthening US currency to the area of 0.7147. Due to the absence of significant economic releases from Australia and the USA, the movement of the instrument will be of a technical nature.
Quotes of gold fell to the level of 1195.31 against the background of growth of investor interest in the US dollar.
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