Similar Stories to Dollar Down As Ukraine Crisis Weighs On Forex Market on Bing News

The greenback fell against the euro and yen following the Federal Reserve chief’s pledge yesterday to keep interest rates near historic lows while tensions in the Ukraine intensify. Expect forex ranges to be tight, volatility kept to a minimum, and liquidity to become thinner while watching for any developments on the geopolitical front.

Topics:  federal reserve   expect   european union   geneva   u.s    ukraine   russia   forex   
BING NEWS:
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    The Federal Reserve projected only one rate cut in 2024 as compared to three cuts estimated at the March meeting, which is seen underpinning the US Dollar and acting as a headwind for the non-yielding ...
    06/13/2024 - 3:30 pm | View Link
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