Asian session review: the dollar declined slightly against the euro

During today's Asian trading, the dollar fell slightly against the euro and rose moderately against the yen on news of the suspension of discussions on new measures to support the US economy. At the same time, the dollar fell against the pound and the australian dollar.

On Tuesday evening, Donald Trump announced on Twitter his decision not to negotiate a new economic stimulus package before the presidential election scheduled for November 3.

Earlier on Tuesday, US Fed Chairman Jerome Powell warned of risks to the country's economy due to the lack of new stimulus. "Insufficient support will lead to a weak recovery and create unnecessary difficulties for households and businesses," he said.

On Wednesday, traders are waiting for the publication of the minutes of the September meeting of the Federal open market Committee (FOMC) of the US Fed

The pound rose against the dollar and the euro. Traders continue to monitor the negotiations between London and Brussels. The European Union is ready to continue negotiations in November and December, or even allow British Prime Minister Boris Johnson to interrupt the discussions, rather than compromise, a senior EU diplomat said. Johnson is already softening his demands, saying that October 15, when the EU summit begins, is the deadline not for concluding an agreement, but for determining whether it is possible.