Fed Anticipation Leads Investors to Yen – 15 September, 2020

Good economic data helped the yuan win big while investors moved to the dollar and yen ahead of a U.S. Federal Reserve policy decision. The yen last traded at a two week high of 105.26 per dollar, while the dollar managed to recoup from a dip the previous session. The Australian dollar fell 0.1% to $0.7294, while the New Zealand dollar edged down to $0.6708. The euro fell to $1.1837, and the pound was slightly higher at $1.2877 and last traded at 91.87 pence per euro. The offshore yuan last traded at 6.7835 per dollar.