Market news
27.07.2021, 07:18

Asian session review: the dollar rose slightly against most currencies

During today's Asian trading, the dollar rose slightly against the euro and fell against the japanese yen.

Traders are waiting for the results of the meeting of the US Federal Reserve System, which will be announced on Wednesday.

The dollar has been strengthening since mid-June, after the Fed sharply raised its forecasts for the current year and pushed back the time frame for raising key rates.

The situation with the spread of a new variant of coronavirus is also in the focus of attention, amid fears that the rapid growth of diseases and possible related restrictions may slow down the recovery of the global economy.

The Australian dollar fell by 0.4% against the US dollar. The Australian currency remains near the $0.74 mark, the lowest since the end of November 2020, after falling by about 0.3% last week amid the strengthening of the US dollar.

The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose by 0.06%.

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