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On Thursday, the US currency went down in Asia because minutes from the major US bank showed some uncertainty as for a December rate lift among some FOMC officials, although the overall view appeared to be still intact for the hike.
The currency pair USD/JPY showed 112.41, declining 0.08%, AUD/USD reached 0.7803, soaring 0.19%. As for EUR/USD, this currency pair demonstrated 1.1867, ascending 0.08%, GBP/USD gained 0.18% being worth 1.3244.
Assessing the greenback’s actual value versus a trade-weighted basket of six main currencies, the US dollar index sagged 0.08% offering a reading of 92.72.
Fed policymakers had a long debate as for the prospects of a pickup in inflation as well as slowing the path of future interest rate hikes if it did not. That’s what follows from the minutes of the Fed’s policy gathering on September 19-20 published on Wednesday.
Overnight, the evergreen buck sank versus a basket of crucial rivals after data disclosed weakness in the labor market.
On Wednesday, the evergreen buck went up, attracting safe-haven bids following reports of further tension in US-China trade talks, although its profits were minor, with caution anticipated from the major US bank at its policy gathering later in the day…
On Tuesday, the evergreen buck slumped due to the fact that the key US bank started its two-day gathering, with many expecting the major financial institution to come up with a dovish outlook on monetary policy when the gathering concludes on Wednesday…
For the last week, crypto assets jumped, backed by a 25% leap in Bitcoin Cash, in contrast with a backdrop of further indications of sluggishness in fiat currencies, including the evergreen buck…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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