- Asian session review: the dollar was little changed against the euro and yen
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Asian session review: the dollar was little changed against the euro and yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Australia | ANZ Job Advertisements (MoM) | September | 2.6% | 7.8% | |
| 00:30 | Australia | Trade Balance | August | 4.652 | 5.154 | 2.643 |
| 03:30 | Australia | Announcement of the RBA decision on the discount rate | 0.25% | 0.25% | 0.25% | |
| 06:00 | Germany | Factory Orders s.a. (MoM) | August | 3.3% | 2.6% | 4.5% |
During today's Asian trading, the US dollar slightly strengthened against the euro and fell slightly against the yen.
The ICE index, which tracks the dynamics of the US dollar against six currencies (Euro, Swiss franc, yen, canadian dollar, pound sterling and Swedish Krona), fell by 0.07%.
Traders are focused on the ongoing discussion of a new stimulus package by US lawmakers, as well as the condition of US President Donald Trump, who was discharged from the Walter reed military hospital yesterday after being treated for COVID - 19 for three days.
House speaker Nancy Pelosi and US Treasury Secretary Steven Mnuchin yesterday held another round of talks on a new stimulus package, but there are no signals that the parties are close to an agreement, despite calls from US President Donald Trump to resolve the issue.
Trump's discharge from the hospital leaves questions about both his condition and his willingness to comply with restrictions to contain the further spread of the coronavirus in the White house.
Goldman Sachs experts do not believe that Trump's illness will affect the results of the presidential election. However, the increased likelihood that Biden will win the election and Democrats will take control of the Senate will worsen the weakening of the US dollar, Goldman said.
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