The US dollar appreciates globally with the recovery of risky assets



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DirectThe US dollar was slightly appreciated against major currencies on Friday as the relative recovery of risky badets coincided with the release of better economic data.

At 0740 GMT, the greenback was up 0.2% against the euro at 1.1088 dollar and up 0.07% to 106.19 yen.

The greenback fell 0.3% against the pound sterling to 1.2119 dollars, while the Swiss franc rose 0.3% to 0.9797 francs.

During this period, the dollar index, which measures the performance of the currency against the six major currencies, increased by 0.08% to 98,224.

Equity markets in Europe, Asia and the United States advanced in the final session after the decline observed during the week's sessions, fearing a slowdown in global economic growth.

US economic data showed yesterday that homebuilders' confidence this month reached its highest level in 2019 with 66 points, up from 65 points last month.

Economic data also revealed that retail sales in the United States had risen to about 0.7% in July, a faster than expected pace of 0.3%.

On the subject of world trade, the Chinese Foreign Ministry spokesman said yesterday that his country hopes to meet the US side halfway and implement the consensus reached by the two presidents at their meeting in Osaka.

US President Donald Trump also said that he believed that China wanted to implement a trade agreement and that the current dispute was short-lived.

Data on building permits and construction in the United States is expected to be released later today.

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