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Dollar rises ahead of Fed Meeting Minutes
(Reuters) - The dollar hit a new high in seven years against the yen on Wednesday and settled near the peak in 14 months against sterling as investors bet on the rise of the currency, such as the Declaration of the facts of the Federal Reserve Board meeting (the US central bank), which may shed light on the different banks policy other central.
Yen and went down to the lowest price in six years against the euro after Japanese Prime Minister Shinzo Abe's decision to postpone the increase in the sales tax, which was considered supportive for equity markets and negative for Lin.
The dollar rose to 117.44 yen, its highest level since October 2007. The dollar hit 117.35 yen in the latest treatment, up 0.4 percent. And provide the euro 0.4 percent to 147.25 yen, its highest price since late 2008.
And moving attention to the Reserve Board, which will unveil its latest meeting minutes. Traders expect signs of tightening monetary policy, which could lift the dollar index.
Issued on Wednesday also Proceedings of the November meeting of the Central Bank of England is likely to be the desire of policymakers to keep interest rates low for a longer period show.
Sterling was 0.1 percent, falling to $ 1.5615, not far from the lowest price in 14 months of $ 1.5593.
The Australian dollar fell 0.6 percent to $ 0.8663. Most of the weakness came after the Australian currency lower iron ore price - generating revenue for the country's biggest export - to the lowest level in five years.
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