The American currency rose just 0.06% in front of its peers after the US central bank left interest rates unchanged.
He global dollar It remained stable in the early hours of Thursday after the Federal Reserve (Fed) of USA leave the reference interest rates without changes; The exception was the yen, which was generally strengthened, as expectations increase that Japan Bank (BOJ) Keep uploading interest rates while others reduce them.
He dollar index —That measures the performance of the green ticket in relation to a basket of six other foreign exchange currencies – rose only 0.06% to 108.06 units after the Fed will make the decision to maintain interest rates without changes in the range of 4.25 to 4.5% at the first meeting of the Federal Open Market Committee (FOMC) of the year – and the first with Donald Trump In the Presidency – as the markets expected.
Likewise, the president of the US Central Bank, Jerome Powell, He said there would be no hurry to cut them again. Trump’s policies are still a risk to the policy perspectives of the Fed, And it is likely that on Saturday new tariffs will be imposed on Canada, Mexico And possibly China.
“Powell was not willing to talk about the possible economic impact and the response of monetary policy to tariff To Reuters Elliot Clark, Director of International Economy of Westpac. “However, Powell made it clear at the press conference that, although the economy is strong, it is not overheated,” he added, even despite the republican’s request to lower rates quickly, as he said during his speech in the World Economic Forum in Davos, Swiss.
In the currency market, the dollar remained stable in front of most other main currencies, with the euro falling 0.1% to $ 1,0407 before the monetary policy decision of the European Central Bank (ECB) That will be taken later. The operators await a cut of a quarter and will be attentive to an indication of the ECB president, Christine Lagarde, that the market is correctly discounting about three more type cuts this year.
The pound sterling It remained stable at $ 1.2440. He yen, However, around 0.5% was strengthened to 154.44 per dollar, and the vice governor of the Bank of Japan, Ryozo Himino, He said in a speech that the Central Bank will continue to raise interest rates if the economy and prices move in line with their forecasts.
Currently, operators expect another increase in a quarterfinal this year, possibly as soon as in July.
The dollar in Uruguay remains with ups and downs
In Uruguay, Meanwhile, the dollar 0.26% fell with respect to Tuesday and closed by 43,257 pesos in the interbank price of the Central Bank (BCU), chaining its second consecutive day down and approaching the 42 pesos strip
The American currency now accumulates a monthly (and annual) decline of 1.84% in January, since its price was 0.81 pesos below that registered at the end of 2024, and is heading to close the first month the first month of the negative terrain year.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
