FOMC preview: Inflationary pressures tempt taper talk msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
CANBERA (dpa-AFX) - The Japanese yen slipped against its major counterparts in the Asian session on Wednesday, as sentiment improved following further assurances from Fed officials that a spike
Dollar wallows at multi-month lows as Fed bangs dovish drum; euro ascendant Reuters 4 days ago
By Kevin Buckland
TOKYO (Reuters) - The dollar wallowed near its weakest since early January against major peers on Wednesday, as Treasury yields eased amid Federal Reserve insistence that stimulus will continue despite current inflationary pressures.
The euro traded around the key $1.2250 level, holding gains from Tuesday when it pushed as high as $1.2266 for the first time since Jan. 8, as Europe s pandemic recovery picks up pace, closing the gap with the U.S.
The dollar index, which gauges the greenback against six rivals, languished at 89.663 early in the Asian session, after pushing as low as 89.533 on Tuesday.
Wednesday, 26 May 2021 11:20 AM MYT
The dollar index, which gauges the greenback against six rivals, languished at 89.665 early in Asia, after pushing as low as 89.533 yesterday. Reuters pic
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TOKYO, May 26 The dollar wallowed near its weakest since early January against major peers today, as Treasury yields eased amid Federal Reserve insistence that stimulus will continue despite current inflationary pressures.
The euro traded around the key US$1.2250 level, holding gains from Tuesday when it pushed as high as US$1.2266 for the first time since January 8, as Europe’s pandemic recovery picks up pace, closing the gap with the US.
Dollar wallows at multi-month lows as Fed bangs dovish drum; euro ascendant reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.