The Euro rises before the data from the EU region, the yen reduces
Today, the Euro increases when investors wait to report on growth and inflation in the Euro area, while the lower saddle decreases after the Bank of Japan (BOJ) said to be more versatile in the economic stimulus program.
The EUR/USD rate rose 0.17% to 1.1725 at 03:36 AM ET (07:36 GMT), after an increase of 0.41% on Mondays.
The European region's GDP figures are predicted to show that the annual growth rate slows down in the II quarter, while inflation levels are predicted to remain stable.
The Euro is also higher than the yen, the EUR/JPY rose 0.38% to 130.49.
BOJ is committed to keeping the interest rate very low for a time, following the latest policy meeting overnight. BOJ also made some adjustments to its property purchase program that increased flexibility, rather than the more drastic actions as some market participants had anticipated.
Monetary policy changes reflect the BOJ's prediction that it will take more time for inflation to reach the target of 2%.
Compared to the US dollar, the yen has fallen, the USD/JPY rate is at 111.27, up 0.2% in the day after reaching the 111.45 night high.
US Dollar Index Indicator, the index of the dollar's strength compared to the six major currency basket, which fell 0.07% to 94.09, dropped from the highest of a week in 94.7 on Friday.
The market participants are waiting for the end of the two-day policy meeting of the Federal Reserve on Wednesday, to consider the possibility likely to increase the interest rate a third time this year in September.
The pound rises higher than the US dollar, the GBP/USD increases slightly by 0.08% to 1.3142, but decreases in comparison with the Euro, the EUR/GBP rate increases 0.11% to 0.8923.
The Australian dollar rose higher, the AUD/USD rate rose 0.28% to 0.7428, while the New Zealand dollar was hardly changed in the day, the rate of NZD/USD was last at 0.6823.
The EUR/USD rate rose 0.17% to 1.1725 at 03:36 AM ET (07:36 GMT), after an increase of 0.41% on Mondays.
The European region's GDP figures are predicted to show that the annual growth rate slows down in the II quarter, while inflation levels are predicted to remain stable.
The Euro is also higher than the yen, the EUR/JPY rose 0.38% to 130.49.
BOJ is committed to keeping the interest rate very low for a time, following the latest policy meeting overnight. BOJ also made some adjustments to its property purchase program that increased flexibility, rather than the more drastic actions as some market participants had anticipated.
Monetary policy changes reflect the BOJ's prediction that it will take more time for inflation to reach the target of 2%.
Compared to the US dollar, the yen has fallen, the USD/JPY rate is at 111.27, up 0.2% in the day after reaching the 111.45 night high.
US Dollar Index Indicator, the index of the dollar's strength compared to the six major currency basket, which fell 0.07% to 94.09, dropped from the highest of a week in 94.7 on Friday.
The market participants are waiting for the end of the two-day policy meeting of the Federal Reserve on Wednesday, to consider the possibility likely to increase the interest rate a third time this year in September.
The pound rises higher than the US dollar, the GBP/USD increases slightly by 0.08% to 1.3142, but decreases in comparison with the Euro, the EUR/GBP rate increases 0.11% to 0.8923.
The Australian dollar rose higher, the AUD/USD rate rose 0.28% to 0.7428, while the New Zealand dollar was hardly changed in the day, the rate of NZD/USD was last at 0.6823.
Không có nhận xét nào: