State of the market: the yen is under pressure, and the dollar is in anticipation of the Fed meeting - Ester Holdings
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State of the market: the yen is under pressure, and the dollar is in anticipation of the Fed meeting

Trades on Tuesday began quite volatile due to data published in the Asia-Pacific session. Thus, at the beginning of the day, the results of the meeting of the Bank of Japan were published, following which the Central Bank of Japan retained a soft policy and indicated that it would continue to adhere to low rates. It was also noted that incentive measures will remain at the same level. As a result, the Japanese yen showed a slight increase, but after updating the lows.

The American currency is traded at the opening day level from the beginning of the day. The reason for the low dynamics of the dollar remains uncertainty before the meeting of the US Federal Reserve, the results of which will be published tomorrow. The dollar index is traded near the lows, limited to support levels at 94.20.


 

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Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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