The dollar on Thursday fell as the yen and the euro, it happened on the news from the U.S., China and Europe, which were better than expected.
So, at the end of trading the yen strengthened against the dollar to 102.02, while Wednesday's closing noted at 103.15. The dollar against the euro fell to 1.2934, while the previous close was at 1.2859. Relative to the total basket of six currencies of major U.S. trading partners, the dollar dropped to 83.72 points (on Wednesday this level was 84.25 points).
By the end of the trading day on Thursday, Japan's Nikkei 225 fell to 7.32%, which was the strongest drop since March 2011. Such a reduction showed how investors reacted to the statement by Fed Chairman Ben Bernanke about the likely limitation of the quantitative easing program. In addition, investors are cautious about to the index of business activity in the industry of the PRC, which is estimated HSBC, in May fell below 50 points, which shows a decrease in activity, and stood at 49.6 points, while the forecast was 50.4.
The dollar, after the formation of the ascending wave 5 / A of wave level H4/H8 decreases - explain experts at the learning-online Department of Masterforex-V Academy. On a way of decrease an important support pivot MF 83,55 and sloping channel are located. In case of breaking 84.59 high growth of dollar will proceed a powerful ascending wave.
