{"id":917,"date":"2018-08-22T05:32:48","date_gmt":"2018-08-22T05:32:48","guid":{"rendered":"https:\/\/forexvarsity.com\/welcome\/?p=917"},"modified":"2018-08-22T05:32:48","modified_gmt":"2018-08-22T05:32:48","slug":"dollar-little-changed-yen-falls-as-cohen-pleads-guilty-to-federal-charges","status":"publish","type":"post","link":"https:\/\/forexvarsity.com\/welcome\/dollar-little-changed-yen-falls-as-cohen-pleads-guilty-to-federal-charges\/","title":{"rendered":"Dollar Little Changed, Yen Falls as Cohen Pleads Guilty to Federal Charges"},"content":{"rendered":"<p>The dollar was little changed, while the Japanese yen slipped on Wednesday after climbing overnight following reports that U.S. President Donald Trump\u2019s longtime lawyer Michael Cohen<span>\u00a0<\/span><span class=\"aqPopupWrapper mediumTitle1 js-hover-me-wrapper\"><a href=\"https:\/\/www.investing.com\/news\/politics-news\/former-trump-lawyer-cohen-discussing-plea-deal-with-us-prosecutors-nbc-news-1581910\" id=\"5b7cf55ecc00a\" class=\"js-hover-me\" hoverme=\"oal\" data-articleid=\"1581910\">admitted to making illegal payments<\/a><\/span><span>\u00a0<\/span>and committed other crimes to influence the 2016 election.<\/p>\n<p>The<span>\u00a0<\/span><span class=\"aqPopupWrapper js-hover-me-wrapper\"><a href=\"https:\/\/www.investing.com\/quotes\/us-dollar-index\" id=\"5b7cf55ecb70d\" class=\"aqlink js-hover-me\" hoverme=\"aql\" data-pairid=\"8827\">U.S. dollar index<\/a><\/span>, which tracks the greenback against a basket of other currencies, edged 0.01% higher to 95.14 by 12:35AM ET (04:35 GMT).<\/p>\n<p>The dollar was under pressure on Tuesday after Trump said he is \u201cnot thrilled\u201d about the Federal Reserve\u2019s decision to raise rates.<\/p>\n<p>On Tuesday, Cohen pleaded guilty to eight counts related to tax fraud, excessive campaign contributions, making false statements to a financial institution, and unlawful corporate contributions.\u202fWhile\u202fhe\u202fdid\u202fnot name Trump directly during the hearing, his attorney Lanny Davis said shortly afterward that &#8220;Donald Trump directed [Cohen] to commit a crime by making payments to two women for the principal purpose of influencing an election.&#8221; The Justice Department confirmed late Tuesday that Trump was the unidentified candidate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar was little changed, while the Japanese yen slipped on Wednesday after climbing overnight following reports that U.S. President Donald Trump\u2019s longtime lawyer Michael Cohen\u00a0admitted to making illegal payments\u00a0and committed other crimes to influence the 2016 election. The\u00a0U.S. dollar index, which tracks the greenback against a basket of other<a class=\"moretag\" href=\"https:\/\/forexvarsity.com\/welcome\/dollar-little-changed-yen-falls-as-cohen-pleads-guilty-to-federal-charges\/\"> Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,10,1],"tags":[],"class_list":["post-917","post","type-post","status-publish","format-standard","hentry","category-homepage","category-latest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/comments?post=917"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/917\/revisions"}],"predecessor-version":[{"id":918,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/917\/revisions\/918"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}