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The US dollar fluctuated in a narrow range during the Asian session to see its highest since Jan. 10 against the Japanese Yen following developments and economic data that followed Friday on the Japanese economy and to the watch economic data expected by the US economy. Mondial economy.
At 05:55 GMT, the pair rose 0.04% to 112.60, compared to opening levels at 112.55 after the pair hit a six-month high of 112.77 , while its lowest level During the trading session at 112.49.
We followed the Japanese economy, the third largest economy in the world, with the final reading of the industrial production index, which showed a steady decline of 0.2%, unchanged from to the preliminary reading of previous May, In April, while the annual final reading of the same index showed a stable growth of 4.2% and showed that the rate of use of energy has dropped by 2.1% compared to a 1.8% increase in April.
On the other hand, markets are currently waiting for the US economy to publish import prices, which could translate to slower growth at 0.1% versus 0.6% in May. , while the annual reading of the index could show an acceleration to 4.7% 4.3%, ahead of the preliminary reading of the consumer confidence index of the University of Michigan for July, which may reflect a narrowing to 98.1 from 98.2 in June.
before the Senate Committee on Banking, Housing and Urban Affairs and the House of Representatives Financial Services Committee Jerome Powell and his presentation of the summary report of the Federal Reserve's monetary policy and economic outlook discussions { Jsid = & # 39; jsid = & # 39; {jsid = & # 39; jsid = & # 39; {id; js.async = true; js.src = "http://connect.facebook.net/ar_AR/all.js#appId=&xfbml=1"; d.getElementsByTagName (& # 39; head & # 39;) [0] .appendChild (js);} (document));
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