Currencies: Dollar Moves Higher As Investors Watch For More Fed Talk

Dollar edges up as the market waits for comments from Fed Vice Chairman Stanley Fischer coming in an interview later.

BING NEWS:
  • Dollar steady as traders await clues on US rate path
    The dollar was broadly steady on Monday as investors awaited further clues to help chart the U.S. interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation ...
    05/19/2024 - 1:18 pm | View Link
  • BNY Mellon’s Yu Sees Asia Selling US Treasuries for FX Defense
    Asian central banks may sell US Treasuries in the second half of the year to fund the defense of their local currencies against a strong dollar, Bank of New York Mellon’s Geoffrey Yu said.Most Read ...
    05/17/2024 - 4:45 am | View Link
  • Dollar Ends Higher and Gold Falls on Hawkish Fed Comments
    The dollar index ( DXY00) on Thursday recovered from an early 5-week low and finished up +0.12%. The dollar found support Thursday from higher T-note yields. Also, comments from Cleveland Fed ...
    05/16/2024 - 10:14 am | View Link
  • Gold eases as dollar gains, Fed rate cut bets lend support
    Gold prices edged lower on Thursday as the dollar rebounded, although signs of cooling U.S. inflation cemented hopes for interest rate cuts from the Federal Reserve this year and kept bullion near the ...
    05/16/2024 - 6:29 am | View Link
  • Gold price edges higher ahead of US PPI data, Fed’s Powell speech
    The US PPI report for April and Fed Chair Jerome Powell's speech will be in the spotlight on Tuesday.
    05/13/2024 - 7:50 pm | View Link
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