In the second half of the week the US dollar posts gains vs the majors driven by the upcoming monetary decision of the US Federal Reserve.
The US Dollar index has moved up to 96.03 on Thursday.
Meanwhile, the sterling maintains positions above 1.3000 handle so far enjoying demand on possible Brexit deal signing. The sterling-to-US dollar exchange rate was at 1.3119 today.
The US dollar has recovered offsetting the previous weakening on possible deadlock that US Congress could face after the midterm elections. Notably, Donald Trump's initiatives can be strongly restricted in case of the Congress split.
Among other boosters for the US dollar, it should be mentioned fast-pace economic upturn in the country and interest rate lift.
The US dollar-to-yen rate hiked to 113.72. The euro slackened vs the greenback reaching $1.1421. The euro-area report showed that Germany reduced exports by 0.85 in September, which only fueled fears that the major EU economy was depressed by the tight international trade relations.
In the USA, the market experts believe that the Federal Reserve meeting is unlikely to result in the rate increase, though the next increase is expected next time, this December. However, the market would like to hear Fed expectations regarding economic growth.