Around 4:40 p.m., the greenback rose by 0.35% to 0.9894 dollars for one euro,
The dollar, which had started lower, rebounded on Tuesday to reach highs once morest the euro and the yen as a series of central bank meetings begins this week.
Around 2:40 p.m. GMT (4:40 p.m. in Paris), the greenback rose by 0.35% to 0.9894 dollars for one euro, following reaching 0.9864 dollars, a peak since December 2002, the year the currency was put into circulation. single European.
Against the Japanese currency, the dollar gained 1.51% to 142.73 yen following climbing to 142.90 yen, its highest since 1998.
“Recession fears around the world are boosting the appetite for the dollar, even at these” high levels, summarizes Fawad Razaqzada, analyst at City Index. After a new positive indicator in the United States, “investors are increasingly convinced that the Federal Reserve (Fed) will hit hard once morest inflation by raising its rates by 75 basis points” at the next meeting of its monetary policy committee on September 20 and 21, he adds.
The Reserve Bank of Australia (RBA), on Tuesday opened a series of central bank meetings due to take place this week by raising rates by 50 basis points for the fourth time in a row.
“The press release [de la RBA laisse entendre qu’elle] has finished normalizing its policy and now intends to continue its rate hikes to slow the economy, ”according to Barclays analysts, who expect three new increases of 25 points this year.
The Australian dollar lost 0.66% once morest the greenback at 1.4810 Australian dollar for one US dollar.
“The battle continues once morest inflation, and central banks are ready to fight,” comments Lukman Otunuga, analyst at Exinity: following the RBA, the central bank of Canada will meet on Wednesday, and “all eyes will be on the European Central Bank the next day”.
A marked rise in rates is expected in the euro zone following the ECB meeting.
Tuesday class Monday class
2:40 PM GMT 9:00 PM GMT
EUR/USD 0,9894 0,9929
EUR/JPY 141.21 139.60
EUR/CHF 0.9749 0.9728
EUR/GBP 0,8591 0,8621
USD/JPY 142,73 140,60
USD/CHF 0,9853 0,9798
GBP/USD 1,1517 1,1517
