The dollar is falling because of coronavirus and rising unemployment in the U.S.

by Guest Tue 11 Feb - 1:58

On Monday morning, 10 February the dollar exchange rate against major world currencies decreases. Experts believe that the cause is the uncertainties around the coronavirus. Another deterrent may be the Friday statistics on the labour market.
The US unemployment rate in January unexpectedly rose to 3.6 percent, although analysts had expected its preservation at the level of December at 3.5%. It clarifies the RIA "Novosti", the number of jobs in non-agricultural industries increased by 225 thousand, while analysts predicted a growth of 160 thousand.

As at 8.33 GMT, the Euro against the dollar rose to 1,0955 dollars per Euro from the previous close in 1,0943 euros to the dollar, the dollar against the yen rose to 109,78 yen per dollar from the previous close in 109,72 yen. The dollar index (the dollar against a basket of six currencies of countries — major U.S. trading partners) decreased by 0.07% to up 98.61 points.

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