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Author Topic: Soft dollar vs euro From the Fed meeting report, US economic data  (Read 665 times)

Huke

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The dollar weakened against the euro. Investors watched the minutes of the Federal Reserve's (Fed) July meeting for signs of future interest rates direction.

The euro was up 0.29 percent against the dollar at $ 1.1906, and the yen was 0.52 percent down to 105.46 yen.

The Federal Reserve's Monetary Policy Committee (FOMC) will release the minutes of its July 28-29 meeting on Wednesday. Or in the early morning of Thursday Thai time After the Fed meeting unanimously resolved to maintain short-term rates of 0.00-0.25% in the meeting. While Fed President Jerome Powell has pledged The Fed will use all available measures and tools to support the US economy. After the heavy epidemic of COVID-19 Has affected the economic recovery of the country.

At the same time, investors also keep an eye on the number of building startups and construction permits. The United States is scheduled to reveal this night at Thai time. Other economic data due to be released this week include weekly jobless claims, the Philadelphia Fed Manufacturing Index, the Conference Board's July Leading Economic Index, Purchasing Managers Index (PMI) of August gross manufacturing sector, August gross manufacturing managers' index (PMI) from Marquit And second-hand home sales in July



 

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