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The morning forex trades in Sydney resulted in decrease of the United States dollar in relation to major currencies caused by the declined possibility of the interest rates hike by the Federal Reserve. According to last data the USD was traded at 108.18 Japanese Yen and the Euro was traded at $1.5475.

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The possibility of the interest rate growth by the European Central Bank in the next month caused the decline of the United States currency throughout the afternoon forex trades in Asia. It is expected that the European Central Bank will raise the interest rate after such intention was expressed by its president with intention to constrain the inflation.