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The decline of the US dollar with the anticipation of monetary policy decision
19 December 2018 11:03 p
19 December 2018 11:03 p
Direct : The US dollar fell against major currencies during trading on Wednesday near the lowest level in a week awaited decision of the Federal Reserve Bank.
Waiting for the Federal Reserve's decision and President Jerome Powell's comments later in the day on interest rates, amid broad expectations of an increase.
Despite rising interest rate speculation at the meeting, there are fears that the bank will slow monetary tightening in 2019, especially after its president's comments on the Fed will depend more on economic data.
So far, the Fed has implemented three interest rate increases, which currently range from 2% to 2.25%.
By 7:55 am GMT, the dollar fell 0.4% to $ 1.1404, and fell 0.1% to 112.41 yen.
The greenback was down against the pound at $ 1.2676, down 0.3%, while settling against the Swiss franc at 0.9918 francs.
The key dollar index, which measures the performance of the currency against six major currencies, fell 0.4% to 96.778.
The current account and home sales data are due to be released in the US later in the day.
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