Dollar tilted lower against yen off November 6 highs for the eighth session out of 10, ahead of US housing data and amid a lack thereof from Japan today.
As of 05:40 GMT, USD/JPY shed 0.06% to 112.18, with an intraday low at 112.16, and a high at 112.42.
Japanese finance minister Taro Aso noted in earlier remarks that currencies weren't discussed in trade negotiations between Tokyo and Washington, while asserting the strong foundation for the Japanese economy, and its readiness to weather out the sales tax.
Otherwise, Bank of Japan Governor Haruhiko Kuroda warned that US-China trade dispute represents the most difficult challenge in maintaining the stability of the exchange rate, expressing hopes for a deal to be eventually reached between both sides.
Now investors await US housing starts data, expected to have fallen 5.6% to 1.210 million units, while building permits are expected with a 2.1% increase to 1.275 million.
Federal Reserve Governor Lael Brainard will deliver a speech titled "Fintech and Financial Inclusion" at the Federal Reserve Bank of Boston's Fintech conference, while the Fed is slated to release its minutes for the September 25-26 meeting.
US President Donald Trump accused the Federal Reserve of causing a sharp correction in markets with its interest rate policy, considering it too strict and a "mistake".
Litecoin tilted lower on Wednesday on profit-taking after surging 6% on Monday, the best such performance since September 27 on the back of news that cryptocurrency Tether will be dumped off many platforms, with traders flocking to safer and more "traditional" crypto assets.
As of 05:21 GMT, Litecoin shed 0.56% to $55.273, with an intraday low at $55.196, and a high at $55.675.
Litecoin is dipping on profit-taking after surging earlier this week on news that most platforms are dumping Tether, inflating a violent selloff on it.
The selloff was initially instigated by concerns over the difficulty of linking Tether to the dollar, damaging the virtual currency's appeal and putting its future in jeopardy.
The tribulations regarding Tether sent traders to Bitcoin and other major cryptocurrencies, which are considered safe havens within the crypto world.
However, a familiar bearish wave resumed on crypto assets, after Litecoin slumped the most last Thursday since September 5 after warnings by IMF on crypto assets' impact on the global market.
The International Monetary Fund warned that the growth in crypto assets could create new weak points in the international financial system.
The Path of Litecoin
Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher.
The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, then moving on to $$47.22 on September 12.
Silver futures fell in Asian trade off October 2 highs as the dollar index rebounded slightly from September 27 lows, ahead of US housing data and the Federal Reserve's meeting minutes later today.
As of 05:01 GMT, silver futures due in December fell 0.38% to $14.64 an ounce away from two-week highs, while the dollar index rose 0.14% to 95.18 away from three-week lows.
Now investors await US housing starts data, expected to have fallen 5.6% to 1.210 million units, while building permits are expected with a 2.1% increase to 1.275 million.
Federal Reserve Governor Lael Brainard will deliver a speech titled "Fintech and Financial Inclusion" at the Federal Reserve Bank of Boston's Fintech conference, while the Fed is slated to release its minutes for the September 25-26 meeting.
The Federal Open Market Committee voted last month to increase borrowing rates for the third time this year by 25 basis points to below 2.25% as expected by analysts back then.
The Fed forecast another rate hike this year, and three more next year, and another in 2020, as the economy blisters ahead.
US President Donald Trump accused the Federal Reserve of causing a sharp correction in markets with its interest rate policy, considering it too strict and a "mistake".
In a recent Pennsylvania rally, Trump said the Federal Reserve has gone "crazy" with its latest rate hikes, while noting that stocks are undergoing a normal correction after a succession of record highs.
Otherwise, International Monetary Fund head Christine Lagarde expressed her support for China's moves to maintain the flexibility of its exchange rate, while noting the Fed's decisions shouldn't be considered "crazy".
On Sunday, the People's Bank of China cut reserve requirements for Chinese banks for the fourth time this year amid attempts to ease policies and bolster spending.
Emirates Integrated Telecommunications (du) has invested around AED 1.3 billion in infrastructure in 2018 to date, said Chief Executive Officer Ossman Al-Sultan.
The company’s investments in infrastructure exceeded AED 20 billion over the course of the last 12 years, according to an interview with CNBC Arabia.
The telecom operator said this week in entered into a strategic partnership with blockchain solutions provider Conscience, with the aim of developing the first “blockchain” platform in the UAE, as well as promote digital transformation and e-services.
At the operational level, the company is planning to launch more than 1000 station by year-end, to enable 5G technology.
The company announced in June it was prepared to launch 5G technology, and that it completed the development and upgrade of its network to be able to kick off the 5G technology commercially during 2018.