Forex: The us Dollar remains wait-and-see before the minutes of the Fed

The u.s. dollar was nearly flat Wednesday, with traders remaining cautious before the publication of the minutes of the last meeting of the u.s. federal Reserve expected later in the day.

The US Dollar Index, which tracks a basket of other currencies moved for the last time at 97.9 at 10h35, up 0.02%.

Hopes of progress commercial have been dashed by a new warning from u.s. president Donald Trump, who said he could further increase the customs duties in the event of failure of the negotiations.

The tensions between the two parties has further increased after the u.s. Senate adopted two bills related to Hong Kong, which supported the demonstrators in the city.

The spokesperson of the chinese ministry of foreign Affairs has referred to the decision of gross intervention in the internal affairs of China and said that the United States would face “negative consequences” if they persisted.

CNBC reported earlier this week that Beijing was pessimistic about the conclusion of an agreement with the United States.

“The news business dominate the sentiment, but in terms of risk related to key events, the publication of the minutes of the Fed will be an important factor for the participants in the market,” said Morten Lund, a strategist in the currency in Nordea in a Reuters report.

The pair USD/JPY was little changed at 108,45. The data of the ministry of Finance today show that Japan’s exports fell 9.2% in October compared to a year ago, a decrease larger than the expected 7.6%.

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