The dollar index, which tracks the dollar against a basket of major currencies, continued to trade below the 97 handle. The dollar index was at 96.928 at 2:30 p.m. HK/SIN. Against the yen, the dollar was mostly flat, trading at 109.64, compared with levels around 109.59 seen in the previous session.

Down Under, jobs data for May beat expectations, with 42,000 new jobs created, compared with the 10,000 expected. The Australian dollar jumped as high as $0.7625 following the news, compared with levels around $0.7587 seen earlier. The Aussie dollar last traded at $0.7612.

In New Zealand, first quarter gross domestic product (GDP) rose 0.5 percent, missing an expected gain of 0.7 percent on-quarter, and at an annual pace of 2.5 percent, below the 2.7 percent gain forecast.

In central bank news, the Bank of Japan begins a two-day meeting today. The Bank of England will make its rate decision at 7:00 p.m. HK/SIN.

On Wall Street, stocks closed mixed after the Fed’s announcement, with the Dow Jones industrial average gaining 0.22 percent, or 46.09 points, to close at 21,374.56.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>