The greenback is decreasing while investors wait for the inflatio...

The greenback is decreasing while investors wait for the inflation data

Posted on October 12, 2017, 09:35 AM

The greenback's index came to the mark of 92,827, its minimum since September 26. By 8:48 it has decreased by 0, 19 percent to 92,842.

On Wednesday, the FRS minutes showed that many heads of American Central Bank still think that one more increase in the rate until the end of the year " is most likely and will be justified", but some representatives marked that further monetary policy toughening will depend on the inflationary data.

During this week there will be published the data on the USA producers’ prices which is of much importance. The data on consumer prices will appear on Friday.

The greenback decreased by 0, 19 percent to yen up to 112, 27 yens, but remained higher than the punched intra sessional minimum of 112, 08 yens.

The Euro has reached its highest position getting to $1, 1878.

Dmitriy Wainer

NewForex analytics department

 

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