At the end of the week, currencies record for the most part a drop. Thus, the American dollar is heading for a weekly loss, while the rand and The pound fell to a multi-year low.

The dollar was heading for a fall on Friday weekly, with investors reducing their positions in the meantime to assess the accumulation of American economic data after the reopening of the government. Forex traders sold the greenback despite the higher yields and lower expectations of lower interest rates the Federal Reserve next month. This movement was accompanied by a fall of American stocks and bonds, which hit the markets asians on Friday. The dollar index was heading for a weekly decline by 0.4%.

The Australian dollars and New Zealander recovered on Friday, erasing the losses suffered the previous night due to the aversion to risk, while the impressive rise of the Australian dollar against New Zealand dollar, which hit new highs in 12 years, was met with some resistance.

The Australian dollar rose by 0.3% to $0.6548 after having erased all his earnings from the day before following the publication of employment figures, closing down by 0.2% in a context of a fall in Wall Street. It is expected to record a weekly increase of 0.8%, with a short-term resistance at $0.6580.

The Australian dollar is often sold as global risk indicator and has fallen during recent periods of volatility in global markets, even though growing expectations that The Reserve Bank of Australia may have completed its easing monetary policy helped to ease the shock.

The Australian dollar also fell by 0.4% at NZ$1.15, after falling overnight from a new high in 12 years of NZ$1.1634, as investors took profits following a recent impressive increase.

The British pound fell against the dollar and the euro on Friday, after new reports that the British budget Expected later this month would not include tax hikes on anticipated income.

The British currency lost 0.3% against dollar, falling to $1.3151, and weakened even more sharply against to the euro, with the common currency reaching 88.64 pence, its highest level since April 2023.

The rand a fell after a rise that had brought it to its highest level in addition to two years, with investors having cashed in their profits on Friday and waiting cautiously the revision planned by S&P Global of the sovereign rating from South Africa.

At 08:24 GMT, the rand traded at 17.1250 against the dollar, about 0.4% less than at the Closing on Thursday.