Asian session review: the us dollar declined against major currencies

During today's Asian trading, the US dollar declined against major currencies.

The ICE U.S. Dollar index, which shows the value of the US dollar against six major world currencies, fell 0.29% from the previous day.

Traders are waiting for the minutes of the July meeting of the US Federal reserve system, which will be published tomorrow. The minutes should specify on the dovish position of the regulator concerning the control of the yield curve and inflation targeting, experts say.

Market participants are monitoring the development of relations between Washington and Beijing, where there is another round of tension. The US Department of Commerce yesterday announced new measures to restrict access to Chinese telecommunications company Huawei Technologies Co. to key components for its work.

In addition, the Commerce Department added 38 Huawei-affiliated organizations in 21 countries to the" black list " of companies that are prohibited from exporting american technology to organizations that do not have the necessary license.

Meanwhile, the UK and the European Union are due to start another round of talks on post-Brexit trade relations today.

The Australian dollar rose against the US dollar by 0.16%. The Reserve Bank of Australia does not see the need to adjust the monetary stimulus package, as it works in general, as expected, the minutes of the August meeting of the Australian Central Bank showed. Meanwhile, members of the regulator's management agreed to continue monitoring the development of the situation in the country and did not rule out the possibility of adjusting monetary policy if it is justified.