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The dollar remains virtually unchanged against other major currencies this Wednesday, traders are cautious pending the Federal Reserve's monthly monetary policy decision expected later in the day.
The Fed should raise rates by a quarter of a point, but investors' attention will be directed above all to the conclusion of the two-day summit on today's monetary policy, to have any indications about the pace of the tightening of monetary policy expected for this purpose. 'year.
Investors remain wary of the growing fears of a possible trade war. The White House is expected to announce $ 60 billion in tariffs on Chinese imports by Friday, primarily targeting technology, telecommunications and intellectual property.
The US dollar index, which tracks the trend of the greenback against a basket of six other major currencies, falls 0.30% to 89.74 at 06:15 ET (10:15 GMT).
The euro and the pound are up, with EUR / USD up 0.28% to 1.2727, while GBP / USD is up 0.49% to 1.4067.
The pound was pushed by this morning's data that UK compensation growth approached a maximum of two and a half years in the quarter ending in January.
The yen and Swiss franc also rise, with USD / JPY down 0.22% to 106.30 and the USD / CHF down 0.26% to 0.9538.
The Australian dollar remains stable, with AUD / USD at 0.7688, while the NZD / USD exchange rate drops 0.18% to 0.7169.
Meanwhile, USD / CAD drops 0.19% to 1.3047.
The Fed should raise rates by a quarter of a point, but investors' attention will be directed above all to the conclusion of the two-day summit on today's monetary policy, to have any indications about the pace of the tightening of monetary policy expected for this purpose. 'year.
Investors remain wary of the growing fears of a possible trade war. The White House is expected to announce $ 60 billion in tariffs on Chinese imports by Friday, primarily targeting technology, telecommunications and intellectual property.
The US dollar index, which tracks the trend of the greenback against a basket of six other major currencies, falls 0.30% to 89.74 at 06:15 ET (10:15 GMT).
The euro and the pound are up, with EUR / USD up 0.28% to 1.2727, while GBP / USD is up 0.49% to 1.4067.
The pound was pushed by this morning's data that UK compensation growth approached a maximum of two and a half years in the quarter ending in January.
The yen and Swiss franc also rise, with USD / JPY down 0.22% to 106.30 and the USD / CHF down 0.26% to 0.9538.
The Australian dollar remains stable, with AUD / USD at 0.7688, while the NZD / USD exchange rate drops 0.18% to 0.7169.
Meanwhile, USD / CAD drops 0.19% to 1.3047.
