The fall in the dollar index this week was the longest since April


Moscow. December 25. The dollar index, which take into account the value of the US dollar against major global currencies on Thursday fell for the fifth trading session in a row, something that has not occurred since April, reported Bloomberg.

On Friday morning in Asia, the Euro traded at $1,0968 compared to $1,0963 on the closing of the previous session.

The single currency is now about 131,75 yen compared to the 132,04 the yen on Thursday. The value of the dollar is against the yen 120,12 120,43 yen at the end of last trading session.

Listing in the US and the UK are closed December 25th in observance of Christmas.

Since the beginning of this year, the dollar rose by 8.4% against a basket of major world currencies, according to MarketWatch.

“Investors hardly will want to take any new positions before the New year, so the dollar is likely to drift around current levels, predicts the chief market analyst at Commonwealth Foreign Exchange Inc. Omer Esiner. – Nevertheless, most analysts see further strengthening in the dollar next year, although less significant than in 2015.”