The US dollar has weakened on Thursday following the recent reports from the US Federal Reserve and BOE.
At the Asian trading, the ICE US Dollar index has lost some 0.16%.
The euro-to-US dollar exchange rate improved to some $1.1390 after yesterday's slackening with the Wednesday session closed at $1.1366. At the same time, the sterling rose against the greenback to $1.2830 ($1.2823 yesterday).
The US dollar-to-yen exchange rate was recorded at 113.29 (113.68 earlier).
According to the recent reports, the US Federal Reserve Chairman Jerome Powell stated at the Economic Club of New York that the base interest rate is below the neutral level.
Jerome Powell explained that the neutral level is that neither promote nor restrain economic upturn, and this level is still miles away. Moreover, further monetary policy is said to be determined by macroeconomic figures.
Meanwhile, in the UK, the BOE released the report under which it is clear that seven major banks of the country reportedly passed stress tests and confirmed that they will be able to keep working even in case of no-deal Brexit. Notably, the stress tests were more severe than the most negative development of the Brexit.