The general index of the US dollar recorded increases of more than 0.50% today, Wednesday, moments before the opening of the US markets, after continuous declines since the beginning of the week, amid anticipation in the markets for the US Federal Reserve minutes at the end of the session.

New orders for durable goods rose in April, according to the US Census Bureau report issued a moment ago, by 0.4%, compared to 1.1% in the revised March reading, to come below expectations that indicated a growth of about 0.6%, on the other hand, basic orders, excluding transportation, rose by about 0.3% compared to By 1.4%.

Attention is directed to the minutes of the Federal Reserve’s meeting two weeks ago at the end of the session, where the focus will be on the pace of tightening by the members of the US Federal Reserve, especially since the possibility of raising interest rates by 75 basis points has become almost non-existent.

With the tightening of the US Federal Reserve and the slowdown in the pace of economic growth and recession fears, investors are also watching the response of the members of the US Federal Reserve and whether there is a possibility to slow the pace of tightening.

The Fed had raised interest rates by 50 basis points in its meeting two weeks ago, with the bank confirming the continuation of the pace of monetary tightening, but the negative data issued after the meeting and the appetite for risks that caused losses in the US stock markets in the markets after the meeting suggest that the Fed will retreat from the pace of monetary tightening.

The euro is losing about 85 pip and is trading at 1.0655 levels against the US dollar, while the New Zealand dollar is losing the gains of the Asian session and is trading at 0.6440 levels.