The Bloomberg Dollar Spot Index (BBDXY), which measures the value of the dollar against the major currencies of the market, fell after the Fed signaled a cut in interest rates to 2019 at its June monetary policy meeting.
The Fed signaled a cut in interest rates for 2019. According to the dot chart, 8 of the 17 policy makers predicted lower interest rates for 2019. Federal funding rate does not change the bank, 2.25 – 2.50 percent left in the range. The Fed decision text for the "patient" monetary policy statement has been removed.
After the Fed, losses of up to 0.5 percent of the index indicator, the lowest saw 1,195.52 points. BBDXY, TSI 22:20 was 0.39 percent less approximately 1,197.19 points.
Euro / dollar The pair was trading at 1.1244, up 0.27 percent. The Japanese yen, which rose 0.29% against the dollar, found buyers at 108.13.