President Barack Obama

Posted by Ralf on March 29th, 2015 — Posted in News

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The USD is suffering the effects of swine influenza Economic News USD – Swine flu puts the dollar under pressure towards the end of last week, the American currency had begun to lose ground against most currencies. The dollar fell, reaching values of a week ago against the euro. It reached 1.3300 against the European currency, and against the pound, reported the 1.4750, while against the yen stood at 96.65 during Friday. New events, and not all of them economic, able to affect the dollar. Ecuador continues to assert that continue to use the U.S. dollar as official currency, in addition, the U.S.

currency appears to take some support for the South American countries, a phenomenon related to the recent Summit of the Americas where President Barack Obama was a participant. The recent outbreak of swine fever, apparently, added to pressure on the dollar, as investors now believe that tourism could fall over the coming months, and the dollar could see why feature affecting its safe haven. It is noteworthy that the summits of the G7 and the IMF were able to generate some optimism in the stock market, and produce the idea of a balanced investment portfolio. The increase in risk aversion, also scored points against the dollar. In the early hours of today we see a correction in the U.S.

currency. Chrysler, the American automotive giant, apparently, will not be forced to declare bankruptcy. Besides the scarcity of scheduled events will give the dollar a sigh. The dollar certainly be susceptible to fluctuations in the euro, pound and yen.

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