Market news
23.06.2021, 07:00

Asian session review: the US dollar consolidated against most currencies

TimeCountryEventPeriodPrevious valueForecastActual
00:30JapanManufacturing PMIJune53 51.5
00:30JapanNikkei Services PMIJune46.5 47.2
05:00JapanCoincident IndexApril92.9 95.3
05:00JapanLeading Economic Index April102.4 103.8

During today's Asian trading, the US dollar was trading steadily against most major currencies after declining on comments from the head of the US Federal Reserve (Fed) Jerome Powell.

The Fed left monetary policy unchanged at the end of its June meeting last week, with a dot plot showing that the majority of Fed leaders - 13 people - expect a rate increase in 2023. This put pressure on the stock market and contributed to the growth of the dollar.

Meanwhile, Powell said on Tuesday that the Fed's goal is to restore the labor market, noting that fears of rising inflation alone will not be enough to raise rates. Powell reiterated his view that the acceleration in inflation in the country is likely to be temporary, saying that the Fed will continue to support the economy.

The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose by 0.02%.

© 2000-2022. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location