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- Asian session review: the US dollar declined against major currencies
Asian session review: the US dollar declined against major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Australia | Private Capital Expenditure | Quarter III | -7.1% | -1.5% | -3% |
| 05:00 | Japan | Coincident Index | September | 79.4 | 80.8 | 81.1 |
| 05:00 | Japan | Leading Economic Index | September | 88.5 | 92.9 | 92.5 |
| 07:00 | Germany | Gfk Consumer Confidence Survey | December | -3.2 | -5 | -6.7 |
| 07:45 | France | Consumer confidence | November | 94 | 92 | 90 |
During today's Asian trading, the US dollar continued to decline against the euro and the yen on signals that the Federal reserve is considering further monetary easing.
The minutes of the Federal reserve meeting from November 4-5, published on Wednesday, showed that the leaders of the US Central Bank discussed during the last meeting the possibility of more specific designation of their plans for the program of repurchasing government bonds and mortgage securities.
"The minutes of the November Fed meeting, which showed the mood for further easing, do not contradict the trend towards a weakening of the us dollar," IG analysts note.
The ICE index, which tracks the dollar's performance against six currencies (the euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell 0.13%.
The dollar has fallen since early November on news of the development of COVID-19 vaccines, as well as on the background of reduced uncertainty related to the US presidential election.
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