American focus: the dollar weakened

The U.S. dollar fell against most major currencies despite the agreement on the U.S. budget , in which it agreed to fund the government until January 15, and the extension of the debt ceiling until February 7 . Facilitating the players on this decision was short-lived , as less than 3 months later the Americans will solve the fundamental problem of the new spending and the deficit.

The agreement prompted traders and investors to reconsider their predictions as to when the U.S. Federal Reserve will begin to phase out its program to stimulate the economy - at least in 2014.

Expectations about what the Fed will maintain its economic stimulus program for a longer period of time, putting pressure on the dollar , providing support for risk sensitive currencies and currencies of emerging markets.

Euro jumped 0.9% against the U.S. dollar to a new 8 -month high of 1.3680 dollars.

In addition , we add that the pressure on the U.S. currency also had a message saying that today the Chinese rating agency Dagong announced its decision to downgrade the U.S. credit rating by one position to A- from A, leaving a negative outlook . In its decision, the agency referred to concerns about the country's ability to solve the problem of the debt crisis , as well as the damage done to the economy long " shatdaunom " government.

" So , the U.S. government continues to stand on the brink of default crisis , and in the foreseeable future, this situation will not change significantly ," - said in a statement accompanying Dagong.

Despite the fact that the solutions Dagong is not as important as the actions of Fitch, Moody's or Standard & Poor's, today's event is characterized by a rather symbolic value , says Reuters. There are also rumors about the intention Fitch will soon follow the example of Dagong.

The pound rose sharply against the dollar , helped by the publication of data on Britain. The Office for National Statistics said that the results of last month, the volume of retail sales rose moderately , thereby exceeded the forecasts of experts.

According to the report , the September volume of retail sales increased by 0.6 % ( on a monthly basis ), which followed a decline of 0.8 % in the previous month. Many experts believed that this figure will rise to 0.5 %.

In addition, we add that annualized retail sales rose last month by 2.2 %, compared with a gain of 2.1 % in August , and the experts' forecasts at 2.0 %.

The Office for National Statistics reported that the sales of furniture accounted for half of the total monthly rise , making it possible to add about 0.3 percentage points.

Meanwhile , sales in the food industry have decreased in September by 0.2 % , while continuing to decline at 2.5% , which was recorded in August. Compared to the same period last year, sales of food products fell by 0.6 % , after falling 0.5 % in August.

The data also showed that with the exception of fuel, total sales rose by 0.7 % between August and September and by 2.8 % compared with September 2012 .