The USD is down for a second straight day ahead of monthly job data

    The dollar fell for the second day in a row ahead of job data The US dollar fell on the European market on Friday against most major and minor currencies, continuing losses for the second day in a row, as correction accelerated and profit taking from a 28-month high, High-yielding assets, after US President Donald Trump renewed US trade fears with China, but the US currency may make its third weekly gain in a row, thanks to lower prospects for a series of price cuts. US utility during this year, and in order to re-evaluate those possibilities await investors later in the day of new jobs data in the United States in July.



    The dollar index fell more than 0.2% to 98.15 points, the opening level of 98.41 points, the highest level at 98.45 points.



    Yesterday, the index lost 0.2%, the first loss in the past six days, on correction and profit taking, having earlier recorded a 28-month high of 98.93 points.



    The index continues its losses for the second day in a row, as risk averse investors in high-yielding assets rebounded after US President George W. Bush renewed US trade fears between the United States and China.



    US President Donald Trump said on Thursday he would impose a 10 percent surcharge on China's $ 300 billion worth of goods from September 1.



    Trump said Chinese President Xi Jinping was not moving fast enough to reach a comprehensive trade agreement and the United States would impose "fees" on China until the two countries reached an agreement.



    The dollar index rose more than 0.3% over the course of the week, about to make the third weekly gain in a row, thanks to reduced prospects for the Federal Reserve to make a series of cuts in US interest rates during the year.



    In a move widely expected in the financial markets, the Federal Reserve cut its benchmark lending rate by 25 basis points to 2.25 percent on Wednesday, helping to cushion the economy from global trade war and weak inflationary pressures.



    The current cut is the first in US interest rates since December 2008, and some believe it is unjustified as the US economy performs better than expected despite increased risk, and may be a way to please US President Donald Trump, who is critical of US monetary policy. And high interest rates.



    Federal Reserve Chairman Jerome Powell said the current cut may not be the beginning of a series of interest rate cuts to bolster the economy in the face of the global economic weakness.



    To reassess these prospects, investors will be looking later for important data on the US labor market in July, which provides strong evidence for the safety of growth in the world's largest economy in the third quarter of this year.



    Positive data will further narrow those possibilities, push the US dollar to reduce its current daily losses, and expand its weekly gains against a basket of major and minor currencies.



    The US economy will add 164,000 new jobs in July, compared to 224,000 jobs in June, with unemployment falling to 3.6% from 3.7%, and exports The average per capita income per hour is also expected to rise 0.2% in the same reading.

    The US dollar fell on the European market on Friday against most major and minor currencies, continuing losses for the second day in a row, as correction and profit taking accelerated from a 28-month high as well as risk averse investors in high-yielding assets, Donald Trump, "concerns trade war between the United States and China, but the US currency may achieve the third weekly gain in a row, thanks to the reduced prospects of a series of cuts in US interest rates during the year, and to re-evaluate those possibilities QB investors later in the day of new jobs data in the United States in July.



    The dollar index fell more than 0.2% to 98.15 points, the opening level of 98.41 points, the highest level at 98.45 points.



    Yesterday, the index lost 0.2%, the first loss in the past six days, on correction and profit taking, having earlier recorded a 28-month high of 98.93 points.



    The index continues its losses for the second day in a row, as risk averse investors in high-yielding assets rebounded after US President George W. Bush renewed US trade fears between the United States and China.



    US President Donald Trump said on Thursday he would impose a 10 percent surcharge on China's $ 300 billion worth of goods from September 1.



    Trump said Chinese President Xi Jinping was not moving fast enough to reach a comprehensive trade agreement and the United States would impose "fees" on China until the two countries reached an agreement.



    The dollar index rose more than 0.3% over the course of the week, about to make the third weekly gain in a row, thanks to the decline in the possibility of the Federal Reserve to make a series of cuts in US interest rates during this
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