Moscow. December 7. The Euro drops in tandem with the dollar on Monday on strong statistical data from the United States, increasing the chances of lifting bets the Federal reserve system (the fed) next week, reports Bloomberg.
The single European currency by 9:10 Moscow time on 7 December was $1,0864 compared to $1,0881 at the end of the previous session on Friday.
The yen to dollar is to a specified time 123,29 yen/$1 123,11 against the yen on Friday. The value of the Japanese national currency in the pair with the Euro little changed and the yen is 133,93.
In addition, the rate of new Zealand dollar falls to all major world currencies by more than 0.5% on expectations that the Central Bank of the country will lower its key interest rate at a meeting on Thursday.
As it became known on Friday, the number of jobs in the U.S. economy in November increased by 211 thousand Experts surveyed by Bloomberg had forecast a growth rate of 200 thousand While employment growth in October was revised in the direction of improvement of up to 298 thousand to 271 thousand
The U.S. unemployment rate last month remained at the level of 5%, the lowest in seven years. This coincided with expectations of analysts.
After such a strong close of the market assesses the probability of the rise of basic interest rates in the US in December to 74%, while that of 73 economists surveyed by Bloomberg, only five people expect that the Federal reserve will keep rates on hold for the last in this year meeting, which will take place on 15-16 December.
“In the next few months, the divergence between monetary policy in the U.S. and in other countries of the world become more apparent, and it is incorporated in the current exchange rate of the dollar, – says the analyst of Westpac Banking Corporation. Imre Speizer. – The Euro will drop again, when it is clear that the European Central Bank will have to increase the stimulus.”