After the American interest decision … stability in the price of the dollar

After its decrease, the dollar settled to its lowest level in three and a half years, and then its strong recovery at a time when dealers resumed the repercussions of the Federal Reserve Speech, which indicated more monetary facilitation.

The New Zealand dollar fell after the data showed the contraction of the New Zealand economy than expected in the second quarter, which strengthened the bets on more severe discounts in interest rates this year. The Australian dollar also weakened after the jobs in Australia decreased in the unexpected in August. The reserve council reduced interest rates by a quarter of a point yesterday, Wednesday, as expected, and indicated that it would reduce the costs of borrowing steadily for the rest of this year. Jerome Powell, the head of the council, described the procedure as a reduction in risk management in response to the weakness of the labor market, but said that the central bank was not forced to rush to facilitate cash.