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Yen slides to fresh lows as Japan authorities stick to sidelines
The Economic Times· 4 days agoThe yen weakened to a fresh 38-year trough to the dollar and a record low to the euro on Wednesday,...
Powell Welcomes Recent Data But Fed Needs More Confidence to Cut
Livemint· 5 days agoFederal Reserve Chair Jerome Powell said the latest economic data suggest inflation is getting back on a downward path, but emphasized officials need more evidence before lowering interest rates ...
The dollar is on the defensive despite decreasing yields | India Infoline
India Infoline· 4 days agoThe dollar remained under pressure on Wednesday as Federal Reserve Chair Jerome Powell’s dovish comments pushed U.S. bond yields lower, overshadowing a positive domestic jobs data. Sterling held stable ahead of Thursday’s UK election.