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- Asian session review: the US dollar was little changed against the major world currencies
Asian session review: the US dollar was little changed against the major world currencies
During today's Asian trading, the US dollar changed slightly against the main world currencies against the background of ambiguous signals for the market.
The rise in stock markets supports risk appetite, while continuing uncertainty about the COVID-19 situation in various regions of the world limits it.
The ICE index, which tracks the dynamics of the US dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.11%.
"While the calendar of events for this week is quite light, the key will be the online event of the Federal reserve bank of Kansas city, which was traditionally held in Jackson hole," Maybank experts note.
"The online Symposium will allow the Fed to present its views on the ongoing review of monetary policy before the next meeting of the Federal open market Committee (FOMC)," the Maybank review said.
The annual event, organized by the Federal reserve of Kansas city, brings together the heads of world Central banks, finance ministers, academics and financial market participants. This year it will be held online on August 27-28. The theme of this year's event is "Moving into the next decade: consequences of monetary policy".
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