Currencies: Dollar Holds Strength In Wake Of Upbeat Session For U.s. Stocks

The greenback was tracking overnight strength that followed strong manufacturing data, and comments from Federal Reserve officials which increased the bets on higher U.S. interest rates.

Topics:  federal reserve   u.s    strength   
BING NEWS:
  • Asian Currencies Decline, Yen Hits 34-Year Low Amid Geopolitical Tensions and Dollar’s Strength
    Additionally, the dollar received a boost from expectations of prolonged higher interest rates in the U.S. due to robust inflation data and hawkish signals from the Federal Reserve last week.
    04/16/2024 - 10:57 pm | View Link
  • Asian currencies edge up on softer dollar as Fed outcome looms
    BENGALURU: Asian currencies edged up against a slightly softer U.S. dollar on Tuesday, with the South Korean won ticking up after robust second-quarter economic data, but caution persisted as ...
    07/26/2022 - 3:54 am | View Link
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