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U.S. dollar and euro at 1.0526

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U.S. dollar weaker as traders lock profits

The U.S. dollar declined versus its counterparts, as the traders took their profits following the greenback's recent rise.

Euro and U.S. dollar 0.19% higher

The EUR/USD pair traded to 1.0526 appreciating 0.19%, the GBP/USD to 1.2267 almost stable, and the USD/JPY to 114.16 declining 0.23%. The U.S. dollar index approached the 102.03 zone falling 0.13%.

Japan's financial status betters

Japan economy for Q4 likely rose faster compared to the estimations, as the companies resume expanding their operations in manufacturing and plant equipment.

The nation's current account, for the month of January, is expected to indicate a surplus, despite that the figure would probably be lower than the previous month.

Germany

Germany's retail sales dropped from -0.9% to -0.8%. The economists and the analysts predicted the German RS to appreciate 0.2%.

Spain

Spain's services PMI climbed from 54.2 to 57.0 and did not match the analysts' predictions for appreciation to 55.5.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-and-euro-at-1.0526
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