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The U.S. dollar traded mixed against the most major currencies ahead the release of the minutes from the U.S. Federal Reserve's latest meeting. Investors are awaiting new signs for the direction of the U.S. monetary policy.
Yesterday's International Monetary Fund's economic growth cut still weighed on markets.
The euro traded slightly higher against the U.S. dollar in the absence of any major economic reports from the Eurozone.
The British pound traded mixed against the U.S. dollar. U.K. Halifax house prices increased 0.6% in September, exceeding expectations for a 0.2% rise, after a flat reading in August. August's figure was revised down from a 0.1% increase.
On a yearly basis, U.K. Halifax house prices rose 9.6% in September, after a 9.7% gain in August.
The Swiss franc traded slightly higher against the U.S. dollar. Switzerland's unemployment rate remained unchanged at 3.2% in September, in line with expectations.
The Canadian dollar traded lower despite the solid Canadian housing starts. Housing starts in Canada increased to a seasonally adjusted annualized rate of 197,343 units in September from 196,283 units in August. August's figure was revised up from 192,368 units. Analysts had expected an increase to 195,000 units.
The increase was driven by multiple unit homes including condominiums.
The New Zealand dollar traded mixed against the U.S. dollar in the absence of any major economic reports from New Zealand.
The Australian dollar fell against the U.S. dollar. In the overnight trading session, the Aussie declined against the greenback as the Australian Bureau of Statistics reported problems with its July and August employment data. The Australian Bureau of Statistics will revise its July and August jobs data.
The Japanese yen traded slightly lower against the U.S. dollar. Japan's economy watchers' current conditions index remained unchanged at 47.4 in September, missing expectations for an increase to 48.2.
Japan's economy watchers' future conditions index dropped to 48.7 in September from 50.4 in August.
Japan's current account surplus rose to 130.8 billion yen in August from 99.3 billion yen in July, missing expectations for a rise to 190 billion yen.
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