Pressures on USD increase

Pressures on USD increase
# 06 June 2016 10:11 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Pressures on USD are increasing.

APA-Economics reports that the USD index makes 94.2 - minimum since May 12.

These were caused by announcement of statistics regarding jobless last week. Remind that 38,000 new jobs were created in the US non-agrarian sector in May while the experts forecasted 164,000 jobs would be created in May.

Change of the situation in this direction may affect the decision of the US Federal Reserves (Fed) to be passed on June meeting. The Chair of the Board of Governors of the Federal Reserve System Janet Yellen will today make speech on economic forecasts and monetary policy in the meeting of the World Affairs Council of Philadelphia. She will give hints that the Fed will raise rates in July. This step is taken to reduce the pressures on USD.

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