The dollar is going near its lowest level in five months

The dollar was trading near its lowest level in five months against major currencies today, Monday, affected by a series of weak economic data.

The dollar index, which measures the performance of the US currency against a basket of six main currencies, has not seen a significant change at 103.71 in the Asian session, with a difference of less than 0.5 percent from its lowest level in five months at 103.21 that he recorded last Tuesday.

The index fell almost six percent from its highest level in more than two years at 110.17 it touched in mid -January.

The euro was close to its highest level in five months after the German parties agreed on Friday on a financial agreement that would enhance defense spending and revitalize growth in the largest economy in Europe.

The price of the euro was $ 1.0879, slightly down from the level of $ 1.0947, which he recorded last Tuesday for the first time since October 11.

The Chinese yuan rose to its highest level in four months in external transactions, with a price of 7.2400 yuan per dollar. Last Wednesday, the yuan rose to 7,2158 yuan for the dollar for the first time since November 13.

The pound settled at $ 1.2927, with the Bank of England expected to keep its monetary policy on Thursday.

The price was stable at about 83 thousand dollars.