The Dollar Is Depreciating Against Major World Currencies

Image Credit: Google

The value of the dollar against major world currencies remains at its lowest level since the beginning of July

Image Credit: Google

As of 13.00 Moscow time, euro exchange rate against the dollar was falling to $1.0238 from the previous closing level of $1.0261

Image Credit: Google

And the dollar index (the exchange rate against basket of currencies of six countries - US trading partners) drops by 0.19%, to 106.03 points

Image Credit: Google

The yield on ten-year US government bonds (US Treasuries) falls to 2.708% from the previous close of 2.741%

Image Credit: Google

According to CME Group, 60% of analysts predict its increase in September by 50 basis points

Image Credit: Google

up to 2.75-3%, and only 40% - again by 75 basis points, up to 3-3.25%, as it was done twice summer

Image Credit: Google

Thus, analysts predict a decrease in the index of business activity in the US services sector in July to 53.5% from the June level of 55.3%

Image Credit: Google

the meeting of the British central bank is expected, which is scheduled for Thursday, data on unemployment in US for July will be released on Friday

Image Credit: Google