Saturday, April 13, 2024

The dollar index fell 0.2% against 6 major currencies


The dollar fell to its lowest level in a month on Thursday after the Federal Reserve reported today that the “US Federal Reserve” came as no surprise, with a majority of participants in the meeting supporting raising interest rates by 50 basis points. In June and July. The index against the basket of 6 major currencies fell 0.2% to 101.83.
Sharjah 24 – Reuters:

The dollar index, which measures the performance of the US currency against the basket of 6 major currencies, fell 0.2% to 101.83 on Thursday, and is likely to follow the monetary policy path outlined in the US Federal Reserve’s report. Current time, but it’s open to group options after July.

The yield on the US 10-year Treasury bond fell 1.4% to 2.7308% in recent trade, the lowest level since April 14.

The coastal Chinese yuan fell more than 0.5% to 6.75 against the dollar.

The euro was up 0.35% at $ 1.0716 and the dollar was down 0.4% at 126.76 yen.

Risk sensitive currencies such as the Australian and New Zealand dollars were widely equated against the dollar.

The pound rose to a three-week high of $ 1.26165 before British Finance Minister Rishi Sunak expected a package of measures to help consumers adapt to rising energy prices.

As for cryptocurrencies, Bitcoin was down 1.1% at $ 29166 in its latest trade, while Ether was down more than 5%.

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Rolf Colon
Rolf Colon
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