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Find all the economic and financial information on our Orishas Direct application to download on Play StoreCurrencies are trading this Wednesday in scattered order. Indeed, the American dollar is soaring, while the Chinese yuan is stable against the dollar. The Indian rupee is expected to fall.
While President Donald Trump gave up his threats to fire Federal Reserve Chairman Jerome Powell, to the relief of investors, the US dollar rose sharply, the US dollar rose sharply, the US dollar rose sharply, the US dollar rose sharply and then stabilized on Wednesday . The dollar rose by more than 1% against the yen, to 143.21 at the start of trading, before appreciating slightly to 141.77. Against the Swiss franc, the dollar rose by 0.29% to 0.8216, after jumping by more than 1% at the start of trading
.In other currencies, the Australian dollar increased by 0.49% to $0.6395, while the New Zealand dollar increased by 0.18% to $0.5974.
The Indian rupee is expected to open lower on Wednesday, under pressure from the rising dollar index after US President Trump reversed his threat to oust the président de la Réserve fédérale and in the hope that trade tensions between the United States and China could ease.
The undeliverable 1-month forward contract indicated that the rupee would open at 85.24-85.26 per US dollar against 85,1875 in the previous session.The Chinese yuan remained stable against the US dollar on Wednesday, supported by regulatory commitments to maintain market stability and renewed optimism about trade relationships between the United States and China.
The yuan was up 0.09% at 7.2995 per dollar at 04:20 GMT, 65 pips more than the close of the previous session. Its offshore counterpart traded at 7.3077 yuan to the dollar, up by less than 0.1% in Asian
trade.
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