Dollar depreciates against foreign currencies on the weak internal statistics – RIA Novosti

MOSCOW, May 6 – RIA Novosti / Prime. Dollar drops against the major currencies in the trading environment for information about increasing the US trade deficit, according to the auction.

As at 14.53 MSK index of the dollar (the dollar to a basket of six currencies of countries – major trade partners of the United States) declined by 0.33% – up 94.83 points. The dollar against the yen fell to 119.84 yen from 119.86 yen per dollar in the previous closing. The euro exchange rate against the dollar grew up to 1.1221 dollars from 1.1186 dollars per euro at the previous closing.

According to the Bureau of Economic Analysis US Department of Commerce, the trade deficit of the country in March 2015 increased by 15.5 billion, or 43.1%, compared with the revised figure in February and amounted to 51.37 billion dollars.

Analysts believe that the US external deficit will increase to 41.2 billion dollars. The index in February was revised upwards from 35.4 billion to 35.89 billion dollars.

“The markets are trying to understand whether the end (flow – ed.) Of weak data from the US, or will continue. There is some uncertainty about the fate of the US economy and, therefore, we see a greater sensitivity to the data of the trade balance, “- leads The Wall Street Journal speech currency strategist at RBS Securities Brian Deyngerfilda (Brian Daingerfield).