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The general index of the US dollar records declines by about 0.33% in the middle of today\u2019s session, Tuesday, June 13th, to trade at 102.87 levels, amid anticipation in the markets for the US inflation figures that will be issued today, as the US dollar is affected by the high market expectations of the continued slowdown in inflation in the United States of America and the US Federal Reserve\u2019s abandonment of<\/span><\/span> Tight monetary policy or a temporary halt to raising interest rates.<\/span><\/span><\/p>\n It is expected that the last inflation reading will come a few hours before the US Federal Reserve meeting, as it is estimated that inflation is expected to slow to 4.1% in May on an annual basis, the slowest inflation reading since April 2021, and to decline to 0.2% on a monthly basis, which are levels that support a halt.<\/span><\/span><\/p>\n \u00a0The Federal Reserve compared to the peak levels recorded in July of last year, which amounted to 9.1%, and is considered under control.<\/span><\/span><\/p>\n The New York Federal Reserve survey of inflation rates came at its lowest level since May 2021, as expectations came at 4.1% for inflation expectations for the year, compared to 4.4% in April expectations, while inflation expectations for three years came at levels of 3%.<\/span><\/span><\/p>\n On a related note, the labor market figures from the United Kingdom came positive for the month of April, as the employment rate was estimated at 76.0% in the period from February to April, higher by 0.2%, as the number of public persons rose to a record high, increasing by 23,000 to reach 30 million, while the unemployment rate rose to<\/span><\/span> 3.8%, and the average wage was 6.5%, compared to 6.1%.<\/span><\/span><\/p>\n The ZEW Economic Confidence Index in Germany registered a slight increase in the June survey by -8.5 points compared to 10.70 in May, better than expected as the assessment of the current economic situation in Germany fell to -56.5, down from 21.7.<\/span><\/span><\/p>\n On the other hand, the index concerned with the eurozone fell to -10, compared to -9.4 in May, after the current situation index fell by 14.4 to -41.9.<\/span><\/span><\/p>\n The euro is trading at its highest level in three weeks against the US dollar, at 1.0807, an increase of about 50 points, while the pound sterling is trading at 1.2565, an increase of about 45 points.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" The general index of the US dollar records declines by about 0.33% in the middle of today\u2019s session, Tuesday, June 13th, to trade at 102.87 levels, amid anticipation in the markets for the US inflation figures that will be issued today, as the US dollar is affected by the high market expectations of the continued […]<\/p>\n","protected":false},"author":1,"featured_media":4884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-6748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"\n