And he pledged Trump Monday imposed heavy tariffs on Canada, Mexico and China, the three largest trading partners of the United States, unnerving investors.
The New Zealand dollar rose after the Reserve Bank of New Zealand cut rates Interest Standard 50 basis points to 4.25 percent, indicating a decline Inflation To approximately the middle of the target range.
“Markets are likely to remain tense as Trump’s second term brings back uncertainty about policymaking in the United States,” Carol Kong, a currency strategist at the Commonwealth Bank of Australia, told Reuters.
She added, “This uncertainty may push markets to ‘sell first and ask questions later’, which is positive for the US dollar.”
And he witnessed Dollar It changed slightly against its Canadian counterpart to 1.4052 Canadian dollars, that is, below the highest level in four and a half years that was recorded yesterday, Tuesday, at 1.4178 Canadian dollars.
The dollar remained far from yesterday’s peak against the Mexican peso, after touching its highest levels since July 2022 in the previous session.
The US currency also rose to its highest level since July 30 against the Chinese yuan yesterday, Tuesday.
US President Joe said Biden Yesterday, the ceasefire between Israel and the Hezbollah group was in place Lebanon It will take effect on Wednesday morning after the two sides agreed to a US-brokered deal And France. The Israeli shekel reached its highest level in three months yesterday.
And hold on Yen With the gains he made from the demand for safe havens amid the turmoil. In the latest trading, the dollar fell 0.19 percent to its lowest level in two weeks at 152.81 yen.
And it went down Dollar indexwhich measures the performance of the US currency against six major currencies, rose 0.07 percent to 106.83, according to Reuters data.
Markets are awaiting the Personal Consumption Expenditures Price Index reading for October, which will be released later on Wednesday.
He showed the minutes of the Reserve Board meeting Federal (The US Central Bank) for November, which was published yesterday, Tuesday, indicates that many policymakers agree that it is appropriate to ease monetary policy gradually.
He did not testify euro There was little change and recorded $1.0493, while the British pound rose in the latest transactions by 0.05 percent to $1.25735.
The Australian dollar was almost flat at $0.64755 after consumer price inflation remained at a three-year low in October.
And on the level Crypto assetsIt was traded Bitcoin At $91,795, which remains well below the record high of $99,830 hit last week.
The cryptocurrency has risen by more than 40 percent since the US elections amid expectations that Trump will ease regulatory measures for cryptocurrencies.
