Market’s eyes are on the OPEC + meeting and the US central … indicators on Thursday


The dollar consolidates ahead of an upcoming speech by Powell
The dollar reached its highest level in seven months against the yen on Thursday, as it received support from a more regular rise in US Treasury revenues.

The dollar also traded near its highest level in three months against the Swiss franc, and the US currency also held onto its gains against most currencies, with an atmosphere of calm again prevailing in the treasury markets, which boosted sentiment.

However, the dollar suffered losses against its Australian and New Zealand counterparts, as dealers expecting stronger global growth continued to buy currencies linked to commodities.

The dollar rose to 107.09 yen, the highest level since July of last year. The dollar hit 0.9191 Swiss francs, near the highest level since November.

The pound settled at $ 1.3955, while the euro traded at $ 1.2057, offsetting a 0.24 percent loss it had incurred in the previous session.

The dollar index, which tracks the performance of the US currency against a basket of six major currencies, scored 91.005, maintaining the 0.32% gain it made on Wednesday.
The Australian dollar, which is considered an indicator of global growth due to its close association with commodities, rose to $ 0.7799, recovering from earlier losses. The New Zealand dollar, which is also linked to commodities, also rose slightly.

And in the cryptocurrency market, it fell 1.49 percent to 49,647 dollars.


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