USD close to a weak week before monthly data on employment



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The US dollar fell on the European market on Friday against a basket of world currencies, continuing its losses for the fourth consecutive day, approaching a trough of a week, against a background of growing fears over the US trade dispute. -Chinese. Monthly jobs in the United States, looking for new evidence for the future tightening of US monetary policy this year.

The dollar index fell more than 0.1% at 11:55 GMT, trading at 94.00 points, the opening level of 94.09 points, the highest at 94.21 and the lowest at 93.91.

The index closed yesterday down less than 0.1%, the third daily loss, registering a low of 93.90 points due to the continued decline of the US dollar against a basket of currency. Special functions and services sector.

The United States has already begun to apply new tariffs on Chinese goods valued at $ 34 billion at 4 pm China has threatened to impose a tariff of 25 % on US products without setting a date.

US President Donald Trump said Thursday that he could impose tariffs on more than $ 500 billion worth of Chinese goods.

The Federal Reserve 's balance sheet released on Thursday showed that policymakers are going ahead by gradually increasing interest rates this year, which has kept the opportunity to raise interest rates. US interest four times this year. Later today, important data on the American labor market.

12:30 GMT Nonfarm Employment Data The US economy is expected to create 195,000 new jobs in June, up from 223,000 in May, with an unemployment rate of 3.8 % The lowest level since 2000, and the average income per capita per hour should also increase by 0.3%, as the previous reading.

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