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U.S. dollar dips from 4 month high FxPremiere.com - Telegram Daily Forex Signals - The dollar slipped from 4-1/2-month highs to trade little changed on Wednesday after minutes of last month's Federal Reserve meeting suggested there was no consensus about the timing of a tapering of its asset purchases under the U.S. central bank's quantitative easing program. Dollar Up From Five Month Low A reduction in debt purchases is typically positive for the dollar as it means the Fed will not be flooding the financial system with cash, increasing the greenback's value. Daily Forex Signals The minutes also said most participants "judged that the Committee's standard of 'substantial further progress' toward the maximum-employment goal had not yet been met." This means that Fed policy would remain accommodative for some time, providing no support for the dollar. Dollar dips on vaccine doubts "The focus now shifts to next week's Jackson Hole Symposium, where traders will closely scrutinize Fed Chairman Powell's keynote speech for any hints about the timing of a taper announcement," Weller added, referring to the Fed's annual economic symposium in Wyoming. In afternoon trading, the dollar index was little changed at 93.137, sliding from a 4-1/2-month peak of 93.267. The euro hit a session high versus the dollar after the release of the Fed minutes, rising from its lowest since April 1. It was last flat at $1.1712. FX Signals The dollar earlier gained ground as nagging concerns about the global economy forced investors to seek safety in the greenback. Forex – Dollar Dips Amid Negative Rates "We have a lot of macro risks at the moment surrounding markets," said Simon Harvey, senior FX market analyst at Monex Europe in London. "We have the risk of a slowing Chinese economy, rising Delta cases in the Asia-Pacific region, and slower growth generally." In the United States, U.S. housing starts dropped 7.0% to a seasonally adjusted annual rate of 1.534 million units last month. US dollar dips on vaccine news Against the yen, the dollar rose 0.2% to 109.85. The commodity-linked currencies such as the Australian and New Zealand dollars trimmed losses versus the greenback after the release of the Fed minutes. The Aussie dollar was last down 0.2% at US$0.7244, while the New Zealand currency fell 0.4% to US$0.6892. Free Forex Signals Service In cryptocurrencies, bitcoin traded up 1.8% at $45,504, not far from Saturday's three-month high of $48,190. Ether stood at $3,064, up 1.8%. Graphic: World FX rates https://tmsnrt.rs/2RBWI5E U.S. dollar dips from 4 month high Forex Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets. URL FxPremiere.com was Founded in 2010. Since then has grown with over 23,000 live subscribers globally. Daily Trading Alerts are sent by our VPS Networks worldwide via Telegram. Subscribe to our Signals and start receiving Forex Day Trading Signals from the very next trade! Forex Signals Learning Guides below with guide you with every trade you make! The fundamental forex strategies The technical forex strategies The popular forex strategies In the forex strategies articles FxPremiere Group has helped over 5,000 Forex Affiliates earn up to $800 CPA on referrals and has grown immense revenue streams for online affiliates. Trading Forex has never been easy. The World of Forex Trading is growing day by day and its crucial to keep up to date with trends and market analysis. Here at FxPremiere Group we keep you updated with the Compare Forex Brokers charting system, as well as sending you Direct Forex Signals by our Telegram Services globally daily. FX Signals The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more... Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners.With our free forex learning guides you will be able to educate yourselves with the most up to date forex basics required in order to enter the Capital Markets. FxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms. Free Forex Signals Telegram Channel | FX Signals Daily | Forex News Today| Forex Signals APP| Open Forex Account | Compare Forex Brokers | Forex Affiliates | Telegram Copy Trading | Best FX Indicator Home Live Forex News U.S. dollar dips from 4 month high

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