USD depreciated by 0.6% against EUR

The concern over the evolution of the American economy and its real estate sector continued to dominate the main capital markets of the world, according to Reuters, quoted by Info-Prim Neo. Recent statistics provided by the American authorities, on yesterday’s stock exchange session, pointing to a decrease in industrial output for recent months as well as the statistics published at the beginning of the week that indicated a growth of the unemployment rate and a negative evolution of the newly created jobs seriously concerned the investors. If the following American statistics will be that disappointing, the investors’ confidence will go down even more, leading to a decrease of in the USD exchange rate. Former Chairman of the US Federal Reserve Alan Greenspan warned that the uncertainty from the mortgage loans sector can easily expand to other sectors. USD recorded the lowest exchange rate against EUR for the last 3 months, which constituted USD 1.332/EUR. USD has depreciated by 0.5% against YEN, at a YEN 116.88/USD rate, and against CHF, the American currency has reached the lowest exchange rate for the last 3 months, of CHF 1.2073/ USD, as following the decision of the Swiss Bank to raise the key interest to 2.25%.