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FOREX-Dollar holds fast before Fed, bitcoin crumbles on China risk The dollar steadied against major currencies on Wednesday as traders awaited U.S. Federal Reserve minutes, but bitcoin tumbled after China banned its financial institutions from offering services related to cryptocurrency assets. The minutes from the Fed’s most recent meeting due later on Wednesday are expected to confirm that policymakers think a rate hike is still in the distance. Investors will also be scrutinising consumer price data in Britain and Canada later in the trading day to determine how quickly major economies may be forced to rein in their accommodative monetary policy, which holds the key to the dollar’s trend in the medium term. “I’m most concerned about the relative strength of inflation,” said Masafumi Yamamoto, chief currency strategist at Mizuho Securities in Tokyo. “The recent release of U.S. consumer prices printed quite high. If Britain and Canada remain below that level, it sugges

United statesNew zealandUnited kingdomJacqueline wongKim coghillMasafumi yamamotoMizuho securitiesPct changeDollar allVolatilities tokyo forexஒன்றுபட்டது மாநிலங்களில்புதியது ஜீலாந்துஒன்றுபட்டது கிஂக்டம்ஜாக்குலின் வோங்கிம் கோகில்மீஜுஹோ பத்திரங்கள்