"MarketWatch New York May 18," Beijing time May 18 Evening news, affected by the upturn in the stock market, the U.S. dollar fell slightly against major currencies in the early Monday. Investors expect the forthcoming economic data to show some signs of stability in the property market and increased appetite for venture capital, which has led to a rise in stocks and a weaker dollar. US-East Time Monday 10:43 A.M. The dollar index (DXY), which tracks the performance of a basket of six major currencies against trade weights, fell 0.07 points, or 0.08%, to 82.96, after a fall to 82.780 per cent. The dollar index has fallen by nearly 14% in the past 12 months. The euro's exchange rate with the dollar rose to 1.3510 per cent in the North American foreign exchange market at 1.3494 late Friday. The National Association of Real Estate Builders, National Association's Home Builders, NAHB, will unveil an important economic data today. Economists generally expect the May NAHB index to rise to 16; April NAHB Index climbed to 14. If the data released today are in line with economists ' expectations, that would be the highest level since June last year. But even if that figure is in line with expectations, it is still far below the watershed that 50--shows expansion or contraction in the real estate sector. "From the data point of view, NAHB's property survey report is likely to further provide new evidence of stabilisation in the real estate industry," Credit Suisse analysts said in a study to clients. "The euro zone's April trade surplus is 400 million euros," the eurozone statistics bureau reported today. The region had a trade deficit of 2.3 billion euros in March and a trade deficit of 1 billion euros in February. The dollar climbed from 95.25 to 95.77 against the yen, boosted by increased investor risk appetite. Another reason why the yen is falling against the dollar today is that investors fear the yen is even too high against the dollar. The dollar has fallen 3.1% per cent against the yen so far this quarter. "The volatility of the foreign exchange market and the negative effects on the economy and financial markets have been unpleasant," Kazuyuki Sugimoto, Sujimoto of Japan's finance ministry, said in a news conference today, according to media reports. "The Japanese Government will continue to monitor the movements of the forex market closely," he said. "There is another reason for the yen's fall against the dollar today, namely the relatively weak performance of the US bond market." Neil Mellor, an analyst at the Bank of New York, said in a study to clients, "as we have analyzed before, if the yen's rise is partly due to a reassessment of the value of the local market by Japanese life insurers, A growing number of signs that the country's economic situation and the stability of export markets, perhaps only temporarily, could only discourage investors who are returning to the local market strategy. ”
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