Here is what you need to know on Wednesday, February 19:
Investors note increasing fluctuations in some currencies early Wednesday after the main data publications and central bank decisions. In the second half of the day, housing data will be shown, and construction data for January will be shown in the American economic list. Later in the American session, Federal Reserve (FED) will be released to the January policy meeting.
US dollar price this week
The table below shows the percentage of change in the US dollar (USD) against the main currencies listed this week. The US dollar was the weakest against the Japanese yen.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | 0.38 % | -0.24 % | -0.36 % | 0.02 % | -18 % | -08 % | 0.41 % | |
| euro | -0.38 % | -0.46 % | -0.79 % | -26 % | -0.47 % | -0.35 % | 0.13 % | |
| GBP | 0.24 % | 0.46 % | -0.23 % | 0.21 % | 0.04 % | 0.11 % | 0.60 % | |
| JPY | 0.36 % | 0.79 % | 0.23 % | 0.37 % | 0.21 % | 0.50 % | 0.75 % | |
| CAD | -02 % | 0.26 % | -0.21 % | -37 % | -18 % | -0.10 % | 0.38 % | |
| Aud | 0.18 % | 0.47 % | -04 % | -0.21 % | 0.18 % | 0.12 % | 0.62 % | |
| Nzd | 0.08 % | 0.35 % | -11 % | -0.50 % | 0.10 % | -0.12 % | 0.49 % | |
| Chf | -0.41 % | -0.13 % | -0.60 % | -0.75 % | -0.38 % | -62 % | -0.49 % |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the US dollar from the left column and move along the horizontal line to the Japanese yen, the percentage offered in the box will represent the USD (base)/JPY (quote).
US President Donald Trump late on Tuesday said they are looking to impose a car tariff “in the 25 % neighborhood” in early April 2. He also added that they are also planning to charge similar duties on drug imports and conductors. the US dollar (USD) The index rose slightly higher in the American session and small gains registered for this day. Early on Wednesday, the fixed dollar index carries near 107.00.
The New Zealand Reserve (RBNZ) announced in the Asian session on Wednesday that it reduced the policy price by 50 basis points (BPS) to 3.75 % from 4.25 %, as expected. In a policy statement, RBNZ indicated that they have confidence in continuing to decline Rates The ruler Adrian Ur then explained that the policy rate is expected to be reduced by 50 other basis points by July. After declining to the lowest daily level of 0.5677 with an immediate reaction to RBNZ ads, NZD / USD He recovered and seen the last time trading in a positive area above 0.5700.
The UK National Statistics Office said on Wednesday that inflation in the United Kingdom was also measured by a change in Consumer price index (CPI), rose to 3 % in January from 2.5 % in December. In the same period, the basic consumer price index increased by 3.7 %, as expected. Other details of the report showed that the retail index decreased by 0.1 % on a monthly basis. GBP/USD It holds a steady steady than 1.2600 after these data versions.
Euro/dollars It was lost about 0.4 % on Tuesday, but it was able to find a foothold. In the European morning on Wednesday, the pair is trading in a narrow range in about 1,0450.
After picking up a three -day loss chain on Tuesday, USD/JPY It came under renewable pressure and fell less than 152.00 on Wednesday. Boj, a member of the Board of Directors of Japan (BoJ), Hogimi Takata, said on Wednesday that BOJ must gradually transfer a policy, even after the high interest rate in January, to avoid the risks of upward prices from the investigation.
gold I collected the bullish momentum and rose more than 1 % on Tuesday. Xau/USD It remains in a unification phase of more than $ 2,930 on Wednesday and remains at an impressive distance from the highest level at the time of $ 2942 earlier this month.
Fed questions and answers
The monetary policy in the United States is formed by the Federal Reserve (Fed). The Federal Reserve has two states: to achieve price stability and enhance full employment. Its primary performance to achieve these goals is to adjust interest rates. When prices rise very quickly and inflation is 2 % higher than the Federal Reserve goal, it raises interest rates, which increases borrowing costs throughout the economy. This leads to the most powerful USD (USD) because it makes the United States a more attractive place for international investors to stop their money. When inflation decreases to less than 2 % or the unemployment rate is very high, the Federal Reserve may reduce interest rates to encourage borrowing, which weighs on the green back.
The Federal Reserve (Fed) holds eight political meetings annually, as the FOOC Open Market Committee (FOMC) evaluates economic conditions and takes monetary policy decisions. FOMC attends twelve officials of the Federal Reserve-seven members of the Governor’s Council, President of the Federal Reserve in New York, and four regional regional regional presidents, who serve for one year on a roundabout.
In extreme situations, the Federal Reserve may resort to a policy called quantitative mitigation (QE). QE is the process that the Federal Reserve increases significantly from the flow of credit in a suspended financial system. It is a non -standard policy scale used during crises or when inflation is very low. The Federal Reserve’s favorite federal weapon was during the great financial crisis in 2008. It includes the printing of the Federal Reserve more than dollars and their use to buy high -quality bonds from financial institutions. QE usually weakens the US dollar.
The quantitative tightening (QT) is the reverse process of QE, as the Federal Reserve stops buying bonds from financial institutions and the manager does not re -invest from mature bonds, to buy new bonds. It is usually positive for the value of the US dollar.
2025-02-19 07:18:13