Currency – The dollar is rising but remains close to its lowest in a month


The dollar is rising but remains close to its lowest in a month

Investing.com – The dollar is advancing against the major currencies on Friday, but remains close to a low a month so that the minutes of the November meeting of the us federal Reserve continues to weigh on the greenback.

The exchange volumes should have remained relatively low prior to the Thanksgiving holiday in the United States on Thursday, which is also a national holiday in Japan.

The dollar fell after the minutes from the Wednesday of the last Fed meeting which showed that “many participants” were worried by the fact that inflation would remain below the 2% objective of the bank.

The minutes echoed the comments of Janet Yellen, president of the Fed, at the beginning of the week, indicating that it was not some of the inflation outlook.

While the increase in rates in December is still almost fully expected, investors reduced expectations of further rate hikes in 2018.

The index dollar, which measures the greenback’s strength against a basket of six major currencies, ahead of 0.10% to 93.13 at 02:15 a. m. AND (06:15 GMT).

The EUR/USD is stable at 1.1844, while the GBP/USD gives up 0.09% to 1.3294.

Elsewhere, the yen declined with USD/JPY rising 0.24% to 111.49 while the USD/CHF is stable at 0.9826.

The australian dollar changes little with the AUD/USD to 0.7619, while the NZD/USD losing 0.22% to 0.6874.

Meanwhile, the canadian dollar ahead, with the USD/CAD up 0.09% to 1.2726.

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