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Results of the US FRS meeting weaken the dollar


七月, 29 2021
watermark Economic news

The results of yesterday's meeting of the US FRS were perceived by the market rather calmly and led only to a slight decrease in the dollar exchange rate and an increase in demand for risky assets. The DXY index of the US dollar against the world's leading currencies fell from 92.5 to below 92.0, the lowest in a month.


Stock indices closed in different directions. The hi-tech NASDAQ index closed in positive territory: the leaders of growth were the shares of Google, the prices of which increased by more than 3%.


In general, market participants liked the absence of a timetable for winding up stimulus measures in the Fed's comments. At the same time, investors noted increased concerns about the impact of the growth of infections with new strains of Covid on the pace of the US economic recovery.


Today the focus of the markets is on the US GDP statistics for the II quarter. The index, according to the first estimate of the Bureau of Economic Analysis of the US Department of Commerce, increased by 6.5% year-on-year. Analysts had expected GDP growth of 8.5% on an annualized basis.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。