After hitting today's high at 1.3524, the common currency declined down to 1.3518 at the beginning of the European trading session. The decline was caused by weaker-than-expected economic data from Germany published a couple of hours ago by Destatis.
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Dollar's conversion scale for the current exchanging week has been creating absolutely. List of U’s money keeps on rising against worldwide monetary standards. Since yesterday, the Dollar rose to 80.76 to start with, and made greatest of the day, and at today's closeout of the European session, on the tenth of June, 2014, the Dollar rose to 80.91. The Dollar keeps on showing the quality against its rivals. Recently, extra backing to the dollar, made authorities of FRS of the U’s, James Bullard and Eric Rosengren, which pushed in their talks that the U’s economy is near situated levels of standardization and dependability.
Throughout May Dollar's rate proceeded "bullish" pattern, demonstrating to its quality in world markets. At the end of the week the dollar has issued another high of 81.02, however then fell on Friday and floated into a level band of 80.30-80.68 reach. Reason of Flet-formed changes of the U’s coin got blended information on the work showcase (the amount of non-ranch payrolls declined from the level of 282 000 to 217 000 individuals, yet the unemployment rate continued as before - 6.3 percent).