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USD still rising before FOMC Minutes

The US-dollar was able to extend its gains today, the EUR had to record against most majors losses.

USD rises before the release of the FOMC Minutes

In advance of today's publication of the minutes of the FOMC meeting in July, the USD could extend its gains yesterday on. Analysts and investors expect sign of the Fed, to an increase in borrowing costs. In the further the dollar benefited well from a capital withdrawal from the euro zone, because here no visible economic recovery is seen.
The EUR currently losing 0.22% against the USD and the EUR/USD broke through  the mark 1.33 for the first time since November 2013, with a current rate of 1,3292. The GBP was able to recoup some of yesterday's losses against the USD and sets currently at 0.08% to, at a current GBP/USD exchange rate of 1.6632.

EUR continues with losses

From the euro zone are still missing the signs of a nascent recovery, and the few data that were released today from the euro zone, would seem to point in the opposite direction, or at least a stagnation point. The numbers to the German producer prices, the biggest economy in  the euro zone, remained behind the weak expectations and clouded investor confidence further. Except against the JPY suffered losses of EUR against all majors.
The pair EUR/GBP is currently at 0.7995, which represents a decrease of 0.29%. Against the AUD it currently looses 0.30% for a EUR/AUD rate of 1.4298 and to CAD the current loss is 0.19% with a EUR/CAD rate of 1.4541.

Exness 

 

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