US dollars rising after the FED meeting, the Australian dollar decreased
The US dollar was rising in comparison to the currency basket on Thursday after the FED's meeting and gave a marker of the interest rate increase. Meanwhile, the Australian dollar was reduced with new political changes.
Index, the index of dollar strength measurement versus currency basket, rose 0.34% to 95.32 at 04:31AM ET (0831GMT). The index has touched 94.83 low yesterday, the lowest level since 8/8.
The US dollar is backed by the FED's meeting announcement as they say that the projected U.S. economy still grew higher than the average trend, boosting demand for rising interest rates.
The FED's meeting announcement also said that policy makers have also discussed about the trade tensions that could affect business and household.
The FED has raised interest rates 2 times this year and is expected to be longer-forward, with 2 times been scheduled anymore this year.
Green Silver Bronze was also supported by recent political fluctuations in Australia, which pressured US dollar.
Prime Minister of Australia, Mr. Malcolm Turnbull, is struggling with his position after a number of cabinet members have resigned in the context of a crisis on the head taking place within the ruling Liberal Party.
The AUD/USD rate fell 0.82% and 0.7290, close to the lowest of 19 months 0.7201 achieved in 15/8.
The concerns about political risks involving U.S. presidents, around the act of violating the laws of the close relatives of the president, and concerned about the U.S.-central trade tensions have also increased the demand for the dollar as an asset Safe.
US tax rates of up to 16 billion Chinese goods will be in effect at the end of the fifth day, in response, China also says that they will also impose equivalent taxes on U.S. commodities.
The tax return occurred when in Washington, 2 countries were negotiating trade.
The dollar rises higher than the yen, the USD/JPY rate rose 0.22% to 110.79.
The Euro fell more than the dollar with a EUR/USD discount of 0.35% and 1.1554.
In the Euro area, data on Thursday shows the private sector activity continues to grow, albeit lower than expected.
Meanwhile, the estimated future growth rates drop to the lowest level for almost 2 years, with fears that trade warfare will affect production prospects.
The pound fell against the dollar, with a rate of GBP/USD 0.4% and 1.2856 remained concerned with a Brexit without agreement.
Index, the index of dollar strength measurement versus currency basket, rose 0.34% to 95.32 at 04:31AM ET (0831GMT). The index has touched 94.83 low yesterday, the lowest level since 8/8.
The US dollar is backed by the FED's meeting announcement as they say that the projected U.S. economy still grew higher than the average trend, boosting demand for rising interest rates.
The FED's meeting announcement also said that policy makers have also discussed about the trade tensions that could affect business and household.
The FED has raised interest rates 2 times this year and is expected to be longer-forward, with 2 times been scheduled anymore this year.
Green Silver Bronze was also supported by recent political fluctuations in Australia, which pressured US dollar.
Prime Minister of Australia, Mr. Malcolm Turnbull, is struggling with his position after a number of cabinet members have resigned in the context of a crisis on the head taking place within the ruling Liberal Party.
The AUD/USD rate fell 0.82% and 0.7290, close to the lowest of 19 months 0.7201 achieved in 15/8.
The concerns about political risks involving U.S. presidents, around the act of violating the laws of the close relatives of the president, and concerned about the U.S.-central trade tensions have also increased the demand for the dollar as an asset Safe.
US tax rates of up to 16 billion Chinese goods will be in effect at the end of the fifth day, in response, China also says that they will also impose equivalent taxes on U.S. commodities.
The tax return occurred when in Washington, 2 countries were negotiating trade.
The dollar rises higher than the yen, the USD/JPY rate rose 0.22% to 110.79.
The Euro fell more than the dollar with a EUR/USD discount of 0.35% and 1.1554.
In the Euro area, data on Thursday shows the private sector activity continues to grow, albeit lower than expected.
Meanwhile, the estimated future growth rates drop to the lowest level for almost 2 years, with fears that trade warfare will affect production prospects.
The pound fell against the dollar, with a rate of GBP/USD 0.4% and 1.2856 remained concerned with a Brexit without agreement.
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