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The dollar is getting cheaper against world currencies


August, 15 2025

On Friday afternoon, the dollar weakened against major world currencies on expectations of data on retail sales and industrial production in the United States. The euro rose to $1.1682, the dollar against the yen fell to 146.87, and the dollar index (the exchange rate against a basket of currencies of the six US trading partner countries) fell by 0.31% to 97.92 points.Analysts forecast retail sales growth of 0.5% in July and no changes in industrial production.The yen was supported by stron... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.