Dollar falls awaiting reports from US and Fed

Dollar falls awaiting reports from the US and the Fed meeting minutes

On Wednesday afternoon US
Dollar drops against the major world
currency. Markets thus preparing for
publication of inflation reports and
minutes of meetings of the Federal
Reserve. Both events have
provide new clues about the timing
rate hikes.

By 11:23 MSK pair EUR / USD
increased by 0.34% – up to 1.1062, rising from
week low reached in
Tuesday – 1.1016. The dollar falls
against yen (0.12%) and CHF.
The dollar index was down by 0.22% – up
mark of 96.78.

Participants hope to market,
that in July the Fed meeting minutes
It allows you to see any additional
hints about plans to raise the regulator
rates.

Australian dollar
restored the position – The AUD / USD rose
0.24% to 0.7360. During previous sessions,
Australian currency dropped to 6% after
for another collapse of the Chinese
shares. A pound was supported
after the release of the inflation report, which
reinforced expectations of a rate hike
Bank of England in the coming months. Couple
GBP / USD rose by 0.17% – up to 1.5687.

Related posts

Next posts

Leave a Reply

Your email address will not be published. Required fields are marked *