Investing.com – The U.S. dollar was down against most of the other major currencies on Wednesday, after minutes of the last meeting of Federal Reserve policy makers indicated that fresh stimulus measures could be necessary.
During European morning trade, the greenback was down against the euro, with EUR/USD advancing 0.50% to hit 1.3995.
The greenback was also down against the pound and the Swiss franc, with GBP/USD up 0.46% to hit 1.5882 and USD/CHF shedding 0.07% to hit 0.9561.
In addition, the greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD falling 0.26% to hit 1.0075, AUD/USD gaining 0.15% to hit 0.9778 and NZD/USD up 0.36% to hit 0.7578.
But the greenback was up against the yen, with USD/JPY rising 0.22% to hit 81.90. Earlier in the day, official data showed that Japanese core machinery orders jumped unexpectedly in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.41%.
On Tuesday, the minutes revealed of the September 21 meeting of Federal Open Market Committee showed that "many participants" believed "it would be appropriate to provide additional monetary policy accommodation" if unemployment remained too high or inflation too low.
During European morning trade, the greenback was down against the euro, with EUR/USD advancing 0.50% to hit 1.3995.
The greenback was also down against the pound and the Swiss franc, with GBP/USD up 0.46% to hit 1.5882 and USD/CHF shedding 0.07% to hit 0.9561.
In addition, the greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD falling 0.26% to hit 1.0075, AUD/USD gaining 0.15% to hit 0.9778 and NZD/USD up 0.36% to hit 0.7578.
But the greenback was up against the yen, with USD/JPY rising 0.22% to hit 81.90. Earlier in the day, official data showed that Japanese core machinery orders jumped unexpectedly in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.41%.
On Tuesday, the minutes revealed of the September 21 meeting of Federal Open Market Committee showed that "many participants" believed "it would be appropriate to provide additional monetary policy accommodation" if unemployment remained too high or inflation too low.