Source Pravda.Ru

Dollar, Yen Rise Vs. Most International Currencies

The dollar and yen rose against most of their major counterparts before a Federal Reserve statement that will signal whether the world’s biggest economy needs additional stimulus measures.

The yen climbed after the Bank of Japan kept its interest rate and policy unchanged. Higher-yielding currencies, including the New Zealand dollar and South African rand, fell after China said the pace of property-price gains and import-growth slowed. The dollar remained strong as data showed the productivity of U.S. workers unexpectedly fell in the second quarter, Bloomberg reports.

Still, some investors were cautious that the auction may get a poor reception if the U.S. Federal Reserve doesn't announce additional easing measures after its meeting ends later Tuesday. Expectations have grown that the Fed could reinvest funds raised from maturing mortgage-bond holdings, rather than paring the size of its investment portfolio, effectively easing policy.

Because market conditions could change dramatically after the Fed announcement, just-in-case hedging demand was strong, said RuiXue Xu, a rates strategist at RBS Securities Japan, Wall Street Journal informs.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision
Comments
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin: Russia is ready to launch direct air communication with Egypt
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mr. Trump: Are you the leader of the free world?
Pentagon can not accept Russia's victory over terrorists in Syria
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
Turkish President Erdogan issues ultimatum to Washington and Brussels
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
USA no longer wants Bashar Assad to go
From Cast Lead to Schabas's defeat: The collective punishment repeats
Pentagon can not accept Russia's victory over terrorists in Syria