UAH's TWI under pressure on USD weakness

UAH's TWI under pressure on USD weakness



14 травня 2015 года
ICU

The relative weakness of the US economy versus the eurozone, as confirmed by yesterday's statistics news releases, sent the US dollar lower versus major global currencies. The Euro rose 1.26% on upbeat growth statistics for 1Q15, as Germany, France and Italy all posted increases in real GDP. In contrast, US statistics on household consumption showed no monthly growth, causing the US dollar index DXY to decline 0.97%. The Russian ruble rose again, closing 1.31% higher from the previous day. As a result, the hryvnia's trade-weighted was near flat, increasing just by 0.04% yesterday thanks to 0.96% nominal increase of UAH's FX rate.

Источник: ICU

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