Beijing time on September 18 morning news Tuesday , the Federal Reserve began a two-day policy-making meeting in September , the market is widely expected the Federal Open Market Committee will present a statement after the meeting announced the scale of bond purchases mild tone drop, U.S. dollar against many major currencies in this market before the formal announcement of resolutions attention continued to fall , the dollar index fell 0.16% in day trading .
As the New York foreign exchange market, tracking a basket of six major currencies dollar index was at 81.14 Intercontinental Exchange points , down 0.16% ; tracking more currency in the foreign exchange market, while trading volume adjusted Wall Street Journal reported over the same period the dollar index 73.44 points , also fell 0.14 percent .
Analysis pointed out that before the end of the Fed 's meeting , the foreign exchange market is basically in a state to stop watching , "We think the market yesterday on Lawrence - Summers (Larry Summers) to exit the Fed chairmanship race decision overreaction , but since the Federal Reserve the meeting began, any dollar rebound also been limited . "
Former Treasury Secretary Lawrence - Summers unexpectedly announced during the weekend not to participate in the Fed chairman 's competitive position , which makes it not so relatively hawkish stance of the current Fed Vice Chairman Janet - Yellen (Janet Yellen) once again become the next Fed chairman the most popular candidate . Then the dollar fell sharply .
The latest on the Fed 's monetary policy stance , most economists agree that a statement Wednesday's decision will determine the assets of $ 85 billion a month procurement projects modest cuts. This is also expected to be included in the recent market pricing , the French bank Societe Generale analyst which pointed out that " Perhaps the biggest uncertainty is the first publication of the Fed members predictions for 2016 interest rate outlook ."
On Tuesday, the German ZEW economic sentiment index in September of economic value unexpectedly significantly better than market expectations, the result of 49.6 points from 42.0 points in August compared to a very substantial increases , far better than economists on average expected 46.0 points . This project is the historical average is 23.8 points . Euro against the dollar on Tuesday up 0.17 percent at $ 1.3357 .
GBPUSD rose 0.06 percent on Tuesday , at $ 1.5906 ; USDJPY rose 0.09% to close at ¥ 99.1450 .
Australia's central bank announced last monetary policy decision-making meeting minutes of talks , decision-making is still displayed on the future direction of interest rates to keep an open mind , the Australian dollar had dropped before the publication of the minutes of the low $ 0.9284 , up 0.41% final , at $ 0.9356 .
BY:BFSforex
As the New York foreign exchange market, tracking a basket of six major currencies dollar index was at 81.14 Intercontinental Exchange points , down 0.16% ; tracking more currency in the foreign exchange market, while trading volume adjusted Wall Street Journal reported over the same period the dollar index 73.44 points , also fell 0.14 percent .
Analysis pointed out that before the end of the Fed 's meeting , the foreign exchange market is basically in a state to stop watching , "We think the market yesterday on Lawrence - Summers (Larry Summers) to exit the Fed chairmanship race decision overreaction , but since the Federal Reserve the meeting began, any dollar rebound also been limited . "
Former Treasury Secretary Lawrence - Summers unexpectedly announced during the weekend not to participate in the Fed chairman 's competitive position , which makes it not so relatively hawkish stance of the current Fed Vice Chairman Janet - Yellen (Janet Yellen) once again become the next Fed chairman the most popular candidate . Then the dollar fell sharply .
The latest on the Fed 's monetary policy stance , most economists agree that a statement Wednesday's decision will determine the assets of $ 85 billion a month procurement projects modest cuts. This is also expected to be included in the recent market pricing , the French bank Societe Generale analyst which pointed out that " Perhaps the biggest uncertainty is the first publication of the Fed members predictions for 2016 interest rate outlook ."
On Tuesday, the German ZEW economic sentiment index in September of economic value unexpectedly significantly better than market expectations, the result of 49.6 points from 42.0 points in August compared to a very substantial increases , far better than economists on average expected 46.0 points . This project is the historical average is 23.8 points . Euro against the dollar on Tuesday up 0.17 percent at $ 1.3357 .
GBPUSD rose 0.06 percent on Tuesday , at $ 1.5906 ; USDJPY rose 0.09% to close at ¥ 99.1450 .
Australia's central bank announced last monetary policy decision-making meeting minutes of talks , decision-making is still displayed on the future direction of interest rates to keep an open mind , the Australian dollar had dropped before the publication of the minutes of the low $ 0.9284 , up 0.41% final , at $ 0.9356 .
BY:BFSforex