Forex

Greenback extends losses after Fed minutes By Stocksak


© Stocksak. FILE PHOTO: Banknotes of Euro, Hong Kong greenback, U.S. greenback, Japanese yen, GB pound and Chinese language 100 yuan are seen on this image illustration, in Beijing, China, January 21, 2016. REUTERS/Jason Lee/File Picture

NEW YORK (Stocksak) – The U.S. greenback prolonged its losses in opposition to the euro and the yen on Wednesday, after minutes launched from the Federal Reserve’s November assembly confirmed a “substantial majority” of policymakers agreed it will “probably quickly be acceptable” to sluggish the tempo of rate of interest hikes.

The euro was 0.9% larger in opposition to the greenback at $1.03905, on tempo for a second straight session of good points. Towards the yen, the greenback was down 1.1% at 139.63 yen.

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