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The dollar is mixed against the currencies after the end of the Trump and Kim Summit

2019-02-28 08:40 am | Resource: NEWS | No Views : 136

 The dollar's performance against major currencies continued to fluctuate on Thursday amid uncertainty over the change in the summit schedule between US President Donald Trump and North Korean leader Kim Young-on. The White House announced that the two sides had not reached an agreement. From Powell's testimony to Congress

Powell's testimony before Congress

US policymakers can make "limited" sales of mortgage-backed securities from the Fed portfolio, but no decision has been made, US Central Bank chief Jerome Powell told lawmakers on Wednesday. He stressed on the second day of his testimony in Congress that the treatment of issues such as maturities are more important. The giant balance sheet is in a final round, and price-watchers have revealed the intention to end the process at an unknown point this year, turning into a "patient" approach after increasing market volatility.

Asset size can be reduced to 16% to 17% of GDP at the end of the current phase of the session, the President added to the volume before the crisis before the one decade equivalent to 6%. When asked about the banks, the chief supervisor spoke of the idea that mandatory capital levels were excessive and stressed that the Fed "holds the line". He also weighed on the stress test, saying it would remain "a cornerstone" of post-crisis regulation.

US Dollar Trading
  •  The US dollar index, which measures the greenback against the basket of other currencies, has not changed slightly at 95.998.
  • The euro rose 0.10% against the dollar at 8:28 am ET, trading at 1.1382.
  •  The AUD / USD pair rose 0.1% at the same time, trading at 0.7142.
  • The greenback was down 0.1% on the day, with the pair trading at 110.88 YEN.
  • Against the British pound, the greenback rose after days of decline of 0.11 to trade the pound at 1.3292 levels

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Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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