American focus: the US dollar has weakened against the majority of the main currencies "May 2, 2016"

The US dollar has considerably fallen in price against euro, having reached a minimum on August 26, 2015 that has been caused by technical factors and the publication of weak statistics on the USA. 

The final data submitted to Markit have shown: taking into account seasonal fluctuations the production PMI index has decreased in April to 50,8 with 51,5 in March. Value has coincided with a preliminary estimate and forecasts. However, the index has fallen below an average value for the 1st quarter 2016 (51,7) and has indicated the weakest improvement of the general conditions in a little more than 6,5 years. Production has almost not changed in April, and rates of expansion were minimum since October, 2009. 
In Markit have declared that weak client demand, uncertainty concerning economic prospects and lower capital expenses in energetic sector, put pressure upon industrial production in April. Meanwhile, producers have recorded small increase in orders again, but growth rates were the weakest since December, 2015.
The volume of new orders from abroad was reduced by the maximum rates for 1,5 years, and the number of outstanding orders has decreased in the third time in a row, having written down the greatest rates since September, 2009. Against it rates of creation of new workplaces were the weakest almost in three years.

Meanwhile, the report published by Institute of management of deliveries has shown: the production index has fallen in April to 50,8 with 51,8 in March. It was expected that the indicator will decrease to 51,5. Activity in a manufacturing sector fell since the end of 2014 because of a collapse in prices for oil and decreases in demand for export, the reason for which was a deterioration in an economic situation abroad and strengthening of dollar.

The British pound has become stronger against US dollar, having reached the highest level since January 5. Experts note that today's increase of couple has been caused only by universal weakening of the American currency. The US dollar has begun to become cheaper actively after last Wednesday FRS left a rate at the former level and hasn't given accurate signals concerning whether to wait for growth of a rate in June. Such decision has been made by the central bank against ambiguous signals from world economy and the slowed-down inflation in the USA. Preservation of low interest rates negatively affects the American currency, doing it less attractive to investors. Now futures for interest rates of FRS specify that the probability of increase of a rate in June makes 17%.

Later this week investors will monitor the British data on business activity in a manufacturing sector, a segment of construction and a services sector. It is expected that the production index has grown in April to 51,2 with 51,0, the PMI index for the sphere of construction has decreased to 54,0 with 54,2, and the PMI index for sector of services has fallen to 53,6 with 53,7.