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The US dollar has slipped from recent highs, but not too far as investors remain cautious. It was last fairly steady at $1.0529 per euro and bought 134.79 yen.
The rupee recouped losses early on Friday, after closing at its all-time low of 78.32 against the dollar in the previous two sessions.
Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become more hawkish in coming months, though few see reason for long-term optimism in the face of soaring inflation and fears of slowing growth. The Fed delivered an expected 50 basis point interest rate increase on Wednesday, ...
By David Randall (Reuters) - Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become more haw...
By Tom Westbrook SINGAPORE (Reuters) - The dollar was nursing its sharpest fall in more than a month on Thursday after the U.S. Federal Reserve raised...