The U.S. dollar weakened against other world currencies in a technically-driven trading on Friday. In early New York session, the dollar surged briefly on news that U.S. November inflation came in line with expectations. U.S. headline consumer prices grew 0.2%, while the core rate, which excludes food and energy, was also up 0.2%. Both figures exactly matched market forecasts. The report suggested that U.S. inflation was accelerating, justifying the process of Federal Reserve's tightening policy. However, the dollar showed little reaction to a White House report on the economic growth outlook. The White House forecasts the U.S. economy to grow 3.5% in 2005 before slowing to 3.4% in 2006.
The crown rose as high as 30.380 to the euro on Friday, its strongest level since October 2002, propped up by bullish mood in other currencies of central European region.
|
FX RATES |
| USD/CZK |
22.840/870 |
| USD/GBP |
1.9430/34 |
| EUR/CHF |
1.5392/5 |
| EUR/CZK |
30.450/480 |
| USD/YEN |
104.43/47 |
| EUR/GBP |
0.6861/63 |
| EUR/USD |
1.3331/35 |
| EUR/YEN |
139.20/29 |
|
STOCK MARKETS |
| NIKKEI |
11103.42 |
+25.10 |
| EUROSTOXX 50 |
2891.48 |
–38.15 |
| FTSE 100 |
4696.8 |
–38.4 |
| DAX 30 |
4182.27 |
–51.44 |
| DJ INDEX |
10649.92 |
–55.72 |
| NASDAQ |
2135.20 |
–10.95 |
| PX 50 |
1013.0 |
–7.1 |
| GOLD |
440.80/+441.60 |
- |
| DEPOSIT RATES |
| | CZK | USD | EUR | YEN |
| ON | 2.40-2.50 | 2.25-2.28 | 2.06-2.09 | --- |
| 3M | 2.46-2.56 | 2.46-2.49 | 2.14-2.17 | -0.04-0.01 |
| 6M | 2.54-2.64 | 2.69-2.72 | 2.18-2.21 | -0.03-0.02 |
