The dollar is reduced to other currencies

a course of the American monetary unit on December 22 falls relative to other currencies. This becomes known after the analysis of current bidding. Toward evening, investors will be able to familiarize themselves with the most important stat ares from the United States. At 11:27, the euro rises to the dollar by 0.26%, to 1.0631. In the afternoon, the EUR/USD pair was closed at a level of 1.0603. At the same time, the dollar falls by 0.36%to the Japanese yen to 131.99 from the value of past trades in 132.47. As for the DXY index to the “Currency Basket of the six countries” – it decreases by 0.18%, to 103.97 points.

What kind of statders publication affects the dollar today?

by the end of today’s bidding will be published a final assessment of the dynamics of changing the United States GDP for the third Fincarte of the outgoing year. According to experts, its indicator will remain at the mark of 2.9% in annual calculus. On this day, investors also continue to evaluate the possible tightening of the monetary policy of the federal reserve system. So, at its last meeting, which took place in December, the supervisor has increased credit The rate immediately at 50 basic points, to the value of 4.25-4.50 per annum.

at the same time, the regulator said that inflation is still at a high level, and therefore in the first quarter of 2023 it is worth continuing to take measures to overcome it.

What other countries increase the credit rate?

it is worth saying that not only the Fed is resorting to tightening monetary policy. Over the past six months, the ECB, the Bank of England and the Reserve Bank of Australia also reported to increase the rate. According to financial experts, such The steps of the regulators significantly enhance the risks of the recession.

Maxim Sokolov, financial analyst LBLV