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Direct: The US dollar boosted its gains to a two-year high against most major currencies on Wednesday as a result of Fed decisions and comments from the president.
The Fed today decided to cut interest rates by 25 basis points for the first time since the global financial crisis and to end the budget cuts program in August, two months earlier than the Fed. previous date.
The Fed Chairman said the rate reduction was geared to adapting to economic conditions and not to a change in the bank's policy on monetary easing.
In terms of trade developments, a US trade delegation visited China this week, the first since the two heads of state agreed at the end of last month to resume trade talks. .
However, US President Donald Trump on Tuesday accused China of delaying talks ahead of the US presidential election.
The US private sector has created 156,000 jobs this month, more than badysts expected. Chicago's economic activity has hit its lowest level since 2015, according to official data released Wednesday.
In the United States, labor costs increased in the second quarter of this year, the slowest pace since the end of 2017.
At 19:15 GMT, the dollar was up 0.6% against the euro at 1.1083 dollar and the yen gained 0.2% to 108.81 yen.
The US dollar fell 0.09% against the British pound to bring the pound sterling to 1.2163 dollar, while it rose 0.3% against the Swiss franc, reaching 0.9931 franc.
The British currency has benefited from some support after heavy losses in recent days, for fear of difficult bricast, to exceed the level of the pound sterling at $ 1.22.
During this period, the main dollar index, which measures the performance of the currency against six major currencies, rose by more than 0.5% to 98.567, its highest level since May 2017.
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