USD has suffered losses against almost all the currencies across the major board. The main influencing events were the following:

Asia

ANZ Research commented on Japanese Yen on Thursday. They think that the currency may decrease towards 115 against USD. The US dollar has strong chances to restore despite the fact that Japanese Yen is still considered to be safe currency.

Japanese PMI manufacturing data from Nikkei has shown a decrease and reached 52.9 against previous 53.1.

Experts comment the growth of economic influence of the trading conflict between the US and China. They underline a decline in manufacturing activity and the inflow of new export orders across the Asian region.

Europe

One of the most influencing news in the region was the comment of UK minister who stated that The Great Britain will reach Brexit agreement on November 2018. However, British Pound is still under the pressure in midterm due to inner political issues in UK.

Bank of England has made an unanimous decision to leave the current monetary policy unchanged. Mark Carney thinks that the Brexit without any agreement may have negative impact on GBP. He has also states some risks coming from trading conflict escalation.

During the post meeting press conference, the Bank of England’s MPC members have forecasted inflation growth to 2,10% for 2019 and 2,12% for 2020. They have also stated that the rates growth will be gradual and limited.

Some experts have given their estimate of EU perspectives for 2019. They admit political risks due to Brexit and EU elections on May 2019, that may lead to significant changes almost in all European Union political institutions.

America

October PMI in the United States has shown growth due to new orders and new jobs.