Fed meeting record is eagle, PCE inflation rises, dollar rises strongly, euro depreciates 1.12 | Anue

DollarA basket of major currencies rose strongly on Wednesday (24th), and the November monetary policy meeting minutes released on the same day encouraged the Federal Reserve (Fed) to accelerate monetary policy tightening.DollarAgainstEURHit a 16-month high, againstJapanese YenOnce rose to 115.50, the highest point in the past five years.

New York late, trackingDollarICE against six major currencies DollarThe index (DXY) rose 0.37% to 96.853.

According to the minutes of the Fed’s November 2nd to 3rd meeting released on Wednesday, more decision-making officials said that if inflation remains high, they will not rule out speeding up the reduction of debt purchases and raising interest rates.

The United States released a number of economic data on the same day. The Fed’s preferred inflation index and the core personal consumption expenditure (PCE) price index increased 4.1% annually, the largest increase in 30 years. In addition, the number of people receiving unemployment benefits fell below 200,000 at the beginning of last week, rewriting a 52-year low, but gross domestic product (GDP) slowed sharply in the third quarter.

The US market will be closed for the Thanksgiving holiday on Thursday (November 26).

The Fed may tighten policy ahead of time in response to price pressures, but the European Central Bank (ECB) remains dovish, allowingEURUnder pressure, exchangeDollarDepreciation by 0.44% to 1.1199 Dollar

Germany announced on Wednesday that ifo corporate confidence dropped to 96.5 in October, which has deteriorated for five consecutive months. The main reason is that the production and other supply chains are still facing challenges, and the number of domestic confirmed cases has soared.

Lou Brien, market strategist at DRW Trading said,DollarStrengthening “highlights the wishful doves of the ECB leadership. At the same time, the Fed is more worried about inflation, which will result in policy divergence.”

DollarAgainstJapanese YenReach 115.50 Japanese YenDollarAgainstSwiss francRise to the highest in seven months.

String sourceDepreciated by more than 0.4% to 0.6856 Dollar, The lowest since August 23, mainly due to the central bank of New Zealand raising interest rates by 1 yard to 0.75% on Wednesday, but traders had expected it to rise by 2 yards.

The Turkish lira stopped falling and reported 12.55 lira to 1 Dollar, Remained near the historical low of 13.45 lire written on Tuesday.

As of Thursday (25th) about 6:00 Taiwan time Price:


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