Thursday, November 24, 2022
HomeForexGreenback extends losses after Fed minutes By Reuters

Greenback extends losses after Fed minutes By Reuters



© Reuters. FILE PHOTO: Banknotes of Euro, Hong Kong greenback, U.S. greenback, Japanese yen, GB pound and Chinese language 100 yuan are seen on this image illustration, in Beijing, China, January 21, 2016. REUTERS/Jason Lee/File Photograph

NEW YORK (Reuters) – The U.S. greenback prolonged its losses towards the euro and the yen on Wednesday, after minutes launched from the Federal Reserve’s November assembly confirmed a “substantial majority” of policymakers agreed it might “seemingly quickly be applicable” to sluggish the tempo of rate of interest hikes.

The euro was 0.9% larger towards the greenback at $1.03905, on tempo for a second straight session of beneficial properties. Towards the yen, the greenback was down 1.1% at 139.63 yen.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments