Dollar against major currencies slightly on Wednesday after the stable performance of stock markets and good data on the housing market in the U.S. compensated weak statements of some U.S. banks, which weakened the attractiveness of the green and money as rescue asylum.
Overall trade tesnoreyndzhoviya preserve its character from the past days because of lack of reliance among market participants. The main stock indexes are the key technical levels, so investors are awaiting further news about the economy and corporate results to assess whether the risk appetite, which is the main driver of currency trading at the moment, will be maintained.
During the day the data came to house price in the U.S. for the month of May, which noted the surprising increase of 0.9 percent, at an estimated decline of 0.2 percent. Separate statement of Fed Chairman Ben Bernanke for a second consecutive day before the Senate Banking Committee was also taken positively by investors, although he did not say anything new.
Slightly to get the euro to 1.4214 dollars, while the green of money pointed to a small drop to 93.54 yen. On the other hand, sterling was able to recover initial losses against the U.S. currency and ended the day with a rise in the level of 1.6459, after the summary of the last meeting of the British central bank showed complete unanimity of the decision not to change the program to buy assets and maintenance the interest rate, suggesting that the bank believes that the country’s economy begins to recover.