The dollar rose after falling early
During the European session, the greenback trimmed its early losses and come out to all the major currencies except the Japanese yen. Leaders in lower are new Zealand dollar and British pound. Pair new Zealand dollar/U.S. dollar fell 0.39%, the pair pound/US dollar by 0.25%. EUR/USD pair slightly recovered, but also traded with a decrease of 0,25%.
The British pound has updated the Asian lows amid a General strengthening of the dollar and the pessimistic comments of a new member of the Bank of England of Jonathan Haskell. He said that with the weakening economy, the need to raise rates decline in case of problems in financial markets, the regulator may again resort to QE.
The pair Euro/dollar stood at 1,1719. In the European session the quotations were down to 1,1651. Intraday the drop was 68 points. It was due to technical factors and a General strengthening of the us dollar.
Market swings in the side of trade wars and political risks in Germany. The pair EUR/USD felt a temporary support, although the time period the technical picture indicates that the attack rates in the area 1,1630-1,1640.
Now the cross pairs with the Euro are showing mixed dynamics. If, during the strengthening of the dollar they will go down, the Euro can fall to 1,1620.