Dollar Drops After Federal Reserve Meeting

Posted on by

The dollar dropped Thursday as records from the Federal Reserve’s last meeting dampened hopes of an imminent US interest rate hike.

Minutes from the US central bank’s July gathering said policymakers were keeping their “options open” but remained divided on the threat of inflation.

A hike in US borrowing costs would tend to lift the dollar by stirring demand for dollar-denominated assets, so Wednesday’s minutes weighed on the unit.

The news comes after William Dudley, the influential head of the Federal Reserve’s New York branch, unexpectedly hinted this week that a rate hike was possible as early as September.

“The message appears to be that as much as a September hike is a possibility, the Fed is unlikely to move until there is a consensus on the outlook for growth, hiring and inflation,” Rodrigo Catril, a currency strategist at National Australia Bank, said in a commentary.

“Recent data would therefore suggest a hike is not imminent.”

The dollar fell as low as 99.65 yen from 100.28 yen Wednesday in New York, before creeping back above the 100 yen level in afternoon trading.

Read More:

http://guardian.ng/business-services/dollar-drops-after-federal-reserve-meeting/

647 thoughts on “Dollar Drops After Federal Reserve Meeting”

  9. buy semaglutide pills: buy semaglutide online – rybelsus coupon rybelsus pill: rybelsus price – semaglutide cost or buy semaglutide online: buy rybelsus online – cheapest rybelsus pills
    http://todoomangas.com/out.php?id=3186&url_site=http://rybelsus.shop rybelsus cost: semaglutide cost – buy semaglutide online
    buy semaglutide online: rybelsus pill – rybelsus price rybelsus coupon: rybelsus price – rybelsus cost and semaglutide tablets: semaglutide online – buy semaglutide pills semaglutide cost: semaglutide tablets – rybelsus coupon

  13. buy semaglutide pills: semaglutide tablets – rybelsus cost buy semaglutide pills: rybelsus price – rybelsus pill or buy semaglutide online: cheapest rybelsus pills – semaglutide tablets
    https://www.google.tl/url?q=https://rybelsus.shop semaglutide tablets: buy rybelsus online – rybelsus price
    semaglutide tablets: rybelsus pill – buy rybelsus online buy semaglutide pills: semaglutide tablets – rybelsus cost and cheapest rybelsus pills: rybelsus pill – rybelsus cost cheapest rybelsus pills: buy semaglutide online – semaglutide online

  82. stromectol 3 mg dosage ivermectin 50 mg or ivermectin 1%
    http://chinaboy.psend.com/?a%5B%5D=%3Ca%20href%3Dhttp%3A%2F%2Fstromectol1st.shop%2F%3E%C3%90%C2%BF%C3%91%E2%82%AC%C3%90%C2%BE%C3%90%C2%B2%C3%90%C2%B5%C3%91%E2%82%AC%C3%90%C2%BA%C3%90%C2%B0%20%C3%91%C5%8D%C3%90%C2%BB%C3%90%C2%B5%C3%90%C2%BA%C3%91%E2%80%9A%C3%91%E2%82%AC%C3%90%C2%BE%C3%91%81%C3%90%C2%BD%C3%90%C2%B0%C3%90%C2%B1%C3%90%C2%B6%C3%90%C2%B5%C3%90%C2%BD%C3%90%C2%B8%C3%91%8F%3C%2Fa%3E ivermectin australia
    ivermectin 90 mg ivermectin 3 mg tabs and minocycline online ivermectin lotion for lice

  439. cialis farmacia senza ricetta: Viagra – viagra acquisto in contrassegno in italia
    Farmacie on line spedizione gratuita

  645. I started taking cbd gummies a little while ago scarcely to grasp what the hype was nearby, and instantly I actually look forward to them before bed. They don’t knock me out of the closet or anything, but they make it so much easier to aloofness and go to ruin asleep naturally. I’ve been waking up intuition way more rested and not sluggish at all. Reliably, compassionate of wish I’d tried them sooner.

  646. I’ve been using thc chocolate daily for all about a month nowadays, and I’m indeed impressed before the sure effects. They’ve helped me judge calmer, more balanced, and less tense in every nook the day. My saw wood is deeper, I wake up refreshed, and straight my pinpoint has improved. The trait is outstanding, and I worth the natural ingredients. I’ll obviously preserve buying and recommending them to everybody I recall!

  647. I started taking cornbread berry cbd gummies a teeny-weeny while ago ethical to discover what the hype was thither, and these days I in reality look impudent to them once bed. They don’t bang me out or anything, but they generate it so much easier to cold and disappointing collapse asleep naturally. I’ve been waking up feeling feature more rested and not sluggish at all. Disinterestedly, friendly of wish I’d tried them sooner.

Leave a Reply

Your email address will not be published. Required fields are marked *