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- Asian session review: the dollar consolidated against the major currencies
Asian session review: the dollar consolidated against the major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 01:30 | Australia | Leading Index | August | -0.1% | -0.1% | -0.3% |
| 03:00 | Japan | BoJ Interest Rate Decision | -0.1% | -0.1% | ||
| 06:30 | Japan | BOJ Press Conference |
During today's Asian trading, the US dollar was trading steadily against major currencies, while the yen declined after the announcement of the results of the two-day meeting of the Bank of Japan.
The Bank of Japan has kept the key parameters of monetary policy unchanged. The short-term interest rate on deposits of commercial banks remained at -0.1% per annum, the target yield of ten-year government bonds is about zero, the bank said in a statement.
Traders are also waiting for the results of the Fed meeting. According to forecasts of a number of experts, the Federal Reserve System may announce the beginning of the curtailment of the asset purchase program, which now amounts to $120 billion per month.
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 0.03%
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