At the end of this week, currencies registered a general decline except for the US dollar. While the US dollar atreached its highest level in two and a half weeks on Friday, the Australian and New Zealand dollars are under pressure. The Indian rupee, the Chinese yuan, and the British pound are falling.

The dollar hit its highest level in two and a half weeks on Friday against its main competitors, on the verge of having its best week in a month, against the background of bets that the Federal Reserve would cut interest rates next week, but would then adopt a patient approach for further R&D. discounts. The American currency was also supported against the euro and the Swiss franc after the rate cuts made by these central banks the day before, and against the yen in a context of speculation that the Bank of Japan would abandon a rate hike at its meeting next week. The dollar index, which measures the value of the currency against the euro, yen and three other rivals, rose to 107.05 for the first time since November 26

The Australian and New Zealand dollars hit their lowest levels in several months on Friday as rising Treasury yields supported their American counterpart, while the promise of new Chinese stimulus measures offered little support. The Australian dollar was not as lucky against the US dollar, as investors reduced their expectations of lower rates in 2025, even though they almost entirely integrated easing for next week. Le dollar australien en difficulté, les obligations réduisent leurs gains à l' approche du rapport sur l' emploi . The New Zealand dollar is close to a two-year low of $0.5768 after losing 1% over the week so far. It is now likely to fall back to the 2022 low of $0.5512. The Australian dollar received only temporary support from data released on Thursday, which showed a surprise drop in unemployment in November.

The Indian rupee will face the rise in the US dollar and yields at the opening on Friday, which could push the local currency to a new all-time low. The one-month undeliverable futures contract indicated that the rupee would open at 84.87-84.88 per dollar, up from 84.8575 in the previous session and close to the all-time low of 84.88 reached on Thursday.