From Chibuike OGUH and Amanda Cooper
New York (Reuters) -On Friday, the US dollar was fulfilled to major currencies, and the Canadian dollar weakened. The Mexican pizza reiterated in the White House that President Donald Trump will impose tariffs on Saturday, and the Mexican peso is getting higher and higher.
Reuters earlier reported that familiar with the source of tariff review, Trump will announce tariffs on imports on Canada and Mexico on Saturday, but delayed his duties to March 1 and provided limited procedures. To exempt certain imports.
White House spokesman Karoline Leavitt denied the report that called it "false" and added that the tariff responsibility would be published on Saturday and took effect immediately.
Earlier on Friday, data from the US Department of Commerce showed that due to the surge in consumer expenditure, personal consumption expenditure (PCE) price index increased by 0.3 % last month, which is the largest growth since April last year, which shows Emergency to restore interest rates.
"This is a very important tariff, and the government is promoting this excessive strength; one of the biggest challenges is that if you want to propose a Trump transaction theory, then the more and more strong dollars can maintain its own in its own dollar to maintain its own. A trade. "Marvin Loh, a global senior market strategist in Boston State, said.
"US dollar transactions are currently one of the most popular transactions. It does need a catalyst to continue to rise. However, we see the threat and/or action of seeking tariffs on weekends on weekends that are now the reason for promoting the story, '' say.
The exchange rate against the US dollar against the US dollar is 0.12 %. After Reuters reported, it has a slight decrease in rebound. The transaction price of the currency on the five -year high is 1.451 Canadian dollars, with a weekly income of nearly 1.1 %.
Mexican pizza rose 0.17 %, 20.728 per USD. The currency records the worst weekly performance since October.
The yen of the US dollar pairing the yen increased by 0.54 % to 155.13, and it received three weeks of revenue for three consecutive weeks. For Swiss francs, the US dollar increased to 0.1 % to 0.9016, an increase of 0.5 % a week, and it lost two weeks for two consecutive weeks.
The euro fell 0.3 % to $ 1.0367. It decreases 1 % per week, which is the biggest loss since December 30. For this month, it rose 0.23 %, which is the biggest profit since September last year.
Bank of Japan Governor Kazuo Ueda said that the central bank must maintain a loose monetary policy to ensure that potential inflation gradually accelerates its target. Data on Friday show that Tokyo's core inflation rate has reached 2.5 %, which is the fastest annual speed in the past year.
The European Central Bank reduced interest rates on Thursday, and decision makers have cut off again in March because people are worried about insufficient economic growth and surpassing concerns about continuous inflation.
At the same time, the Fed remained stable this week, and Chairman Jerome Powell said he was no longer rushing to cut them, although he also hinted that there was still a loose scope because interest rates were "meaningful" in neutrality.
The Green Index of the US dollar index rose by 0.31 % to 108.42, including a basket of currencies including the yen and the euro, to 108.42. It rose 0.93 % this week and lost two consecutive weeks.
John Velis, a macro strategyist of FX and New York BNY, said: "We expect the data this morning to release some fluctuations in the American PCE and other things; but they are indeed queuing and there is nothing to write."
Velis added: "It seems that according to what happened in the White House yesterday afternoon, traders hoped that they would not adventure to enter the weekend because it was obviously February 1 tomorrow."
(CHIBUIKE OGUH report in New York. Other reports from RAE Wee, Singapore. Edit of Marguerita Choy)