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- Asian session review: the dollar declined against the euro, stabilized against the yen
Asian session review: the dollar declined against the euro, stabilized against the yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 06:00 | Germany | Gfk Consumer Confidence Survey | August | -9.4 | -5 | -0.3 |
During today's Asian trading, the dollar fell against the euro and pound, and stabilized against the yen. The market remains concerned about the growing number of coronavirus infections in the world and the aggravation of tensions between the United States and China. At the same time, hopes remain for a COVID-19 vaccine and a new incentive package in the US.
US President Donald Trump has said that he may not be limited to closing the Chinese Consulate in Houston. "Can we close more Chinese diplomatic missions? Of course, this is quite possible, " he said at a White House briefing.
The Chinese Embassy in the United States called the decision of the American authorities to close the Chinese Consulate General in Houston a political provocation and violation of international laws.
Meanwhile, Republicans in the US Senate are ready to present their proposal for a fifth package of financial assistance in connection with the coronavirus pandemic, having settled differences with the White house. A group of senior Republican senators on Wednesday concluded a meeting with US Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, with participants saying that the parties have settled unresolved issues.
The ICE Dollar index, which shows the value of the dollar against six major world currencies, fell by 0.18% compared to the previous day.
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