US dollar became slightly cheaper against other currencies

  • US dollar became slightly cheaper against other currencies

Kyiv: The US dollar in the course of trading on Wednesday is slightly cheaper in relation to almost all currencies of developed countries and developing countries. This is reported by the American media.

It is known that now everyone is waiting for the decisions of the Federal Reserve System, which will shed light on the development of US-China trade relations.

“Euro by 8:00 on January 30 rose to $1.1442 from $1.1433 at the end of the last session in New York. The cost of a single European currency paired with the yen is stable, 125.07 yen. The dollar against the Japanese national currency fell by 0.1%,  to 109.30 yen,” write the media.

Investors also believe that the FRS will confirm the course for a temporary cessation of interest rate increases.

Also, important for the market are the negotiations of the United States and China, which are scheduled for January 30-31.

"I am waiting for progress in the course of the new round and the parties are moving in the right direction, although the negotiations are difficult," said US Treasury Secretary Steven Mnuchin.

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