The dollar exchange rate against a basket of currencies is falling on data on inflation in the United States, reports the agency "Prime". At the time of writing, the index of the American currency was losing 0.18%, reaching 104.215 points.
As shown by the statistics published yesterday, inflation in the United States for July rose to 3.7% year-on-year - above the forecasts of analysts who believed that it would amount to 3.6%. By comparison, the figure was 3.2% in July. The core consumer price index (which does not include the cost of energy and food) in monthly terms also did not match expectations, amounting to 0.3% against the expected 0.2%, and in annual terms, on the contrary, showed compliance with the forecast estimate (4.3%).
The weakening dollar pushed copper quotes up - on the Comex exchange at the moment they are rising by 0.78% to $3.8128 per pound. On the London Metal Exchange, prices also rose to $8436.00 per ton, adding 0.23%. The weaker dollar is benefiting buyers using foreign currencies, boosting demand.