US Dollar can edge higher – BBH
The US Dollar (USD) pared back some of its recent solid gains.
Stay updated with breaking news from Nterestrate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The US Dollar (USD) pared back some of its recent solid gains.
Taiwan’s central bank, the Central Bank of the Republic of China (CBC), hiked by 12.5 bps to 2% last Friday, the highest level since 2008.
European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said on Thursday that there is a strong case at the central bank to begin cutting interest rates in the spring as the battle against inflation is being won.
The US Dollar (USD) is a little firmer and 10-year Treasury yields are up near a one-week high around 4.15%.
The Dollar has not benefited much from the hotter US CPI figures released on Tuesday.