After the dollar made some small gains on most major currencies due to the Federal Reserve meeting, it managed to lose its advantage earlier today. The EUR/USD rose to 1.2010 this morning, as investors became more certain that no interest rate increases will happen soon.
Other notable changes are the USD/JPY decreasing to 111.35 and the USD/CHF sliding down to 0.9604. The GBP/USD is up at 1.3525. Similarly, the New Zealand dollar also gained on the American currency, with the NZD/USD at 0.7370.
The dollar index itself is down to 91.51.
The dollar exchange rates were also affected by geopolitical factors. Even though the United States have been on the whole very mild in their actual approach to the problems with North Korea and had previously only suggested retaliation in the forms of sanctions, President Trump spoke in front of the UN in much harsher terms, promising “total destruction” for North Korea.
