Asian session review: the US dollar consolidated against major currencies

During today's Asian trading, the US dollar was trading steadily against major currencies.

The market is focused on the minutes of the Federal Reserve System (Fed) meeting from June 15-16, which will be published this evening.

The Fed kept the base interest rate in the range of 0-0. 25% per annum at the end of the June meeting. The Fed also confirmed that it will continue to buy back assets totaling $120 billion every month "until significant progress is made towards the goals of maximum employment and price stability."

At the same time, Fed Chairman Jerome Powell said during a press conference following the meeting that the leaders of the Fed began to discuss a possible reduction in the asset repurchase program. These words were perceived by investors as a "hawkish" signal. A more" hawkish " tone of the FOMC meeting minutes may support the dollar, analysts say.

The June statistics on the US labor market, published last week, turned out to be ambiguous. The ISM index of business activity in the US services sector in June fell to 60.1 points from a record 64 points in May, according to data from the Institute for Supply Management (ISM), published on Tuesday. Experts expected the index to decline to 63.5 points.

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