Little dollar prices change, the saddle decreases when Cohen admits legal violations
Invesitng.com-dollar little change while the yen fell on Wednesday after the night has increased with the US president's own attorney information, Michael Cohen, violating the law on payments and crimes to influence election results in 2016.
Index, dollar strength readings versus currency basket, up 0.01% to 95.14 at 12:35AM ET (0435GMT).
The dollar was under pressure on Tuesday after Trump said that he found "not happy" with the FED's decision to increase interest.
Cohen was guilty on the third day, having up to eight crimes related to tax fraud, contributing too much to the campaign, making false claims to a financial institution and illegal contributions of the business. While he did not name Trump directly in the hearing, his attorney Lanny Davis said shortly afterwards "Donald Trump's direction [Cohen] sinned by paying for two women with the main purpose of influencing the election." The Ministry of Justice has confirmed at the end of the third day that Trump is an unspecified candidate.
Reports claim that the negotiations between the US and China have assisted the dollar at the beginning of the week by defeased the situation and reduced the market demand for the dollar and other safe assets.
During the week, today there will be the FED's policy meeting results, and the market also waits for speeches by the President of the FED, said Jerome Powell, to assess the policy when he was meeting at Jackson Hole on Friday.
USD/JPY rate increased by 0.2% to 110.44. The USD/CNY rate decreased 0.15 and 6.8439, the NDT had a 5th consecutive increase.
The New Zealand dollar has also increased to a peak of 2 weeks, 0.6772 after having retail data in the second quarter, giving signs of growth situation can be higher than the forecasts of the central bank.
Index, dollar strength readings versus currency basket, up 0.01% to 95.14 at 12:35AM ET (0435GMT).
The dollar was under pressure on Tuesday after Trump said that he found "not happy" with the FED's decision to increase interest.
Cohen was guilty on the third day, having up to eight crimes related to tax fraud, contributing too much to the campaign, making false claims to a financial institution and illegal contributions of the business. While he did not name Trump directly in the hearing, his attorney Lanny Davis said shortly afterwards "Donald Trump's direction [Cohen] sinned by paying for two women with the main purpose of influencing the election." The Ministry of Justice has confirmed at the end of the third day that Trump is an unspecified candidate.
Reports claim that the negotiations between the US and China have assisted the dollar at the beginning of the week by defeased the situation and reduced the market demand for the dollar and other safe assets.
During the week, today there will be the FED's policy meeting results, and the market also waits for speeches by the President of the FED, said Jerome Powell, to assess the policy when he was meeting at Jackson Hole on Friday.
USD/JPY rate increased by 0.2% to 110.44. The USD/CNY rate decreased 0.15 and 6.8439, the NDT had a 5th consecutive increase.
The New Zealand dollar has also increased to a peak of 2 weeks, 0.6772 after having retail data in the second quarter, giving signs of growth situation can be higher than the forecasts of the central bank.
No comments: