The euro has risen above the 100-day MA on the comments by Mario Draghi
During today's press conference, the ECB president said that the data was "somewhat" better than the expectations in the first quarter. T
Evergreen buck slides in Asia after Fed
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.
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Will the jobs data support the aussie?
Australia will release the level of employment change and unemployment rate on June 13, at 4:30 MT time.
The volatility for the USD is expected
The level of non-farm payrolls, also known as non-farm employment change or NFP will be out on June 7, at 15:30 MT time.
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