| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 05:00 | Japan | Consumer Confidence | December | 39.2 | | 39.1 |
| 07:45 | France | Consumer confidence | December | 98 | 97 | 100 |
During today's Asian trading, the US dollar declined against major currencies, offsetting yesterday's gains. Meanwhile, the yen remained near a five-year low against the US dollar amid expectations that the Bank of Japan intends to continue to pursue an ultra-soft monetary policy.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.10%.
The topics that worried currency traders at the end of last year, the situation with the coronavirus and the prospects for inflation, remain at the beginning of 2022.
Meanwhile, the recent rise in US Treasury bond yields amid expectations of a Fed rate hike this year supports the dollar, while the probability of a rate hike by at least 25 basis points at the March meeting is 58%, the CME FedWatch tool showed.
The key event of today will be the publication of the minutes of the Fed's December meeting (at 19:00 GMT), which will be closely watched by investors in search of clues about the pace of tightening of the Fed's monetary policy.