On Thursday, the Labor Department said its consumer price index fell 0.1 percent last month, after rising 0.1 percent in November. This is the first decline in the index since May of 2020 when the economy was suffering from the repercussions of the first wave of a pandemic COVID-19.
The dollar reached $ 1.0845 against the euro, its weakest level against the single European currency since April 25, after the release of the Consumer Price Index report.
The dollar fell 0.34 percent against the euro to $ 1.0796 at 1415 GMT, and 0.3 percent against the pound sterling to $ 1.2187.
fell dollar index In the latest trading 0.407 percent to 102.7, the lowest level since the ninth of June.
The dollar also fell in the latest trading 1.75 percent against the yen to 130.2 yen per dollar.
The Australian dollar rose 0.59% to $0.6947, and the New Zealand dollar rose 0.18% to $0.6378.
And the Chinese yuan traded in foreign transactions at the highest level in five months, amounting to 6.747 against the dollar, amid optimism that the Chinese economy is on the way to recovery.
And for digital currencies, it’s up Bitcoin For the fifth consecutive day, it recorded its highest level in a month at $18,159.
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The data showed a decline consumer prices monthly in December for the first time in more than two and a half years.
On Thursday, the Labor Department said its consumer price index fell 0.1 percent last month, after rising 0.1 percent in November. This is the first decline in the index since May of 2020 when the economy was suffering from the repercussions of the first wave of a pandemic COVID-19.
The dollar reached $ 1.0845 against the euro, its weakest level against the single European currency since April 25, after the release of the Consumer Price Index report.
The dollar fell 0.34 percent against the euro to $ 1.0796 at 1415 GMT, and 0.3 percent against the pound sterling to $ 1.2187.
fell dollar index In the latest trading 0.407 percent to 102.7, the lowest level since the ninth of June.
The dollar also fell in the latest trading 1.75 percent against the yen to 130.2 yen per dollar.
The Australian dollar rose 0.59% to $0.6947, and the New Zealand dollar rose 0.18% to $0.6378.
And the Chinese yuan traded in foreign transactions at the highest level in five months, amounting to 6.747 against the dollar, amid optimism that the Chinese economy is on the way to recovery.
And for digital currencies, it’s up Bitcoin For the fifth consecutive day, it recorded its highest level in a month at $18,159.
