Investing.com - " The U.S. dollar was mixed against its major
rivals during Thursday's Asian session following the end of a
Federal Reserve meeting that provided little in the way of
In Asian trading Thursday, EUR/USD inched down 0.01% to 1.3735.
Data released on Wednesday showed that Spain's economy emerged from
a recession in the third quarter, for the first time since 2011.
Spain's economy expanded 0.1% in the three months to September,
following a 0.1% contraction in the previous quarter.
A separate report showed that the annual rate of consumer inflation
in Spain fell by 0.1% in the third quarter. Spain is the euro
zone's third-largest economy.
GBP/USD nudged down 0.02% to 1.6038 after fell to a reading of
negative 11 in September following an August reading of negative
10. Analysts expected a September reading of negative 8.
USD/JPY fell 0.13% to 98.41 after the Fed did not provide a clear
schedule for tapering of its USD85 billion-per-month easing
"Economic activity has continued to expand at a moderate pace.
Indicators of labor market conditions have shown some further
improvement, but the unemployment rate remains elevated," the Fed
said in a statement.
"Available data suggest that household spending and business fixed
investment advanced, while the recovery in the housing sector
slowed somewhat in recent months. Fiscal policy is restraining
Earlier Wednesday, the Japanese Ministry of Health, Labour and
Welfare said that Japan's average cash earnings rose 0.1% in the
third quarter following 0.9% drop in the prior quarter. The
second-quarter reading was revised down from a drop 0.6%. Analysts
expected a third-quarter drop of 0.5%.
USD/CHF inched up 0.01% to 0.8994 while USD/CAD nudged lower by
0.02% to 1.0478.
AUD/USD rose 0.21% to 0.9505 after the Australian Bureau of
Statistics said that Australian building approvals rose 14.4% last
week after falling 1.6% in the previous week. Analysts expected the
number to rise 2.7% last week. The prior week's reading was revised
up from a drop of 4.7%.
In a separate report, the Reserve Bank of Australia said Australian
private sector credit rose 0.3% in September, the same increase
seen in August. Analysts expected a September increase of 0.4%.
The Statistics Bureau also Australia's import producer prices
jumped 6.1% last month after falling 0.3% in August. Analysts
expected a September rise 0.4%.
NZD/USD fell 0.12% to 0.8259 after the Reserve Bank of New Zealand
said the kiwi's strength may allow the central bank to delay future
The U.S. Dollar Index inched down 0.02% to 79.76.
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