Supported by hawkish comments from Federal Reserve officials and U.S. Treasury yields,US dollar indexTuesday (2nd) rebounded from a one-month low,JPYIt reversed earlier gains and fell more than 1% against the dollar.
In late New York trade, ICE, which tracks the dollar against six major currencies US dollar index (DXY) rose 0.84% to 106.34, reversing recent losses.
Several Fed officials made comments on Tuesday after the U.S. reported negative second-quarter GDP growth last week, meeting the definition of a technical recession, in an attempt to dampen market expectations that the Fed may slow the pace of interest rate hikes.
San Francisco Fed President Mary Daly said the goal of containing inflation was far from being achieved, but she also said she saw no signs of a recession in the labor market.
Cleveland Fed President Loretta Mester also said that there are no signs of stabilizing inflation, adding that the Fed is very focused on keeping it down because it’s about making sure the labor market can stay in the medium to long term. A healthy foundation.
10-Year U.S. Treasury YieldIt was sharply higher on Tuesday, rising to 2.748% by press time.
Major U.S. stock indexes fell in unison on Tuesday, as news of Pelosi’s visit to Taiwan unnerved investors and intensified risk aversion. Ahead of Pelosi’s arrival in Taiwan, the dollar had seen buying on safe-haven demand, but it also weakened slightly as the military action did not escalate further.
Edward Moya, senior market analyst at Oanda, said: “Tensions between the world’s two largest economies are rising and are starting to weigh on risk appetite, drivingJPYSignificantly stronger, now it’s all about geopolitical tensions. “
JPYAgainst the U.S. dollar, it was close to 130 on Tuesday JPYCheckpoint, then reversed the rally, down 1.13% to 133.14 before the deadline JPY。
offshoreRMBThe trend against the U.S. dollar was volatile today, hitting its lowest level since mid-May during the session, and rose slightly by 0.07% to 6.7758 before the deadline. RMB。
Suppressed by a stronger dollar,EURIt was down 0.93% at $1.0163.
After the RBA raised interest rates by 2 yards as expected,AUDIt was lower, down 1.55% against the greenback to $0.6917.
As of Wednesday (3rd) Taiwan time about 6:00 Price:
- US dollar indexReported at 106.3395. +0.8795%
- EURExchange rate against the US dollar (EUR/USD) at 1 EURAgainst $1.0164. -0.9164%
- GBPExchange rate against the US dollar (GBP/USD) at 1 GBPAgainst $1.2161. -0.7184%
- AUDExchange rate against the US dollar (AUD/USD) at 1 AUDAgainst 0.6919 yuan. -1.5369%
- dollar againstCanadian Dollars (USD/CAD) exchange rate at 1.2876 per US dollar Canadian Dollars。+0.2960%
- dollar againstJPY (USD/JPY) exchange rate at 133.16 USD JPY。+1.1547%