Here is what you need to know on Wednesday, April 17: The US Dollar holds steady against its major rivals after ending Tuesday on a bullish note.
The US economic docket will not offer any high-impact data releases but several Federal Reserve policymakers will be delivering speeches on Wednesday. Eurostat will release revisions to March inflation data during the European trading hours. US Dollar price this week The table below shows the percentage change of US Dollar against listed major currencies this week. US Dollar was the strongest against the Australian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.21% -0.05% 0.42% 0.84% 0.80% 0.
USD/JPY touched a yet another multi-decade high near 154.80 on Tuesday. The pair retreated slightly in the Asian session and seems to have stabilized at around 154.50. Central banks FAQs What does a central bank do? Central Banks have a key mandate which is making sure that there is price stability in a country or region. Economies are constantly facing inflation or deflation when prices for certain goods and services are fluctuating.
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