The dollar is rising for the second week with the focus of speculators on economic data

The US dollar ended a second week of profits, which compensated for part of the big losses it has incurred since the beginning of this year, amid economic statements that have reduced doubts about the possibilities of the US Federal Reserve. Despite the decline in the scope of the US dollar’s strength against its peers yesterday, it has recorded an increase of about 1.3% since July 7, in the best performance of two consecutive weeks during the current year. But it is still 8% since the beginning of this year, after the difficult first half. The rate of profits has increased after issuing a series of economic data indicating a power in consumer spending and a job market that is still coherent. Initial references to the transfer of customs duties imposed by US President Donald Trump to consumer prices. This forced the speculators to reduce their bets on the timing of federal federal federal federal federal federal federal federal federal federal rates, as interest rates show a 58% possibility that it would be the first reduction of interest next September. “The US dollar has received a group of a mix of strong economic activity data and the first references that customs duties begin to enter inflation in the United States. The total of this data makes it very difficult to give an argument for the US federal reserve to follow a policy that is prone to financial facilitation. Christopher and the Governor of the US Federal Reserve repeated, his supporting position to reduce interest this month. Shown that a group did not increase their dollars during the week ended July 15, including asset managers and other speculators, on the US dollar. Implicit fluctuations index for 6 months turned into a positive range about a week ago, which means that the speculators pay higher amounts to obtain contracts for buying options that bet on the US dollar increase, compared to the sales options that bet on the decline in the US currency. recorded during the session after posting Wald, on “Bloomberg TV”, the arguments he delivered in New York yesterday, because he said that reducing interest in the light of the early indicators on the weakness of the labor market. but he confirmed that he had not received any contact in this regard. The difference between the mortgage revenue exceeded five years and for the period for 30 years the obstacle of 100 basis points. Immediate plans to reject Powell are the state of uncertainty still great, and it is likely to contribute to the continued trading of long -term ties with less than their nominal value, “said strategic experts of JP Morgan Chase & Co, led by Jay Barry.