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The yen's fresh slide to a 34-year low complicates the Bank of Japan's deliberations on the timing of a next interest rate hike, as a resulting rise in import costs pushes up inflation but also hurts...
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed lingering expectations of the Fed starting its rate-cutting cycle in June, while the yen languished at the levels last s...
The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed lingering expectations of the Fed starting its rate-cutting cycle in June, while the yen languished at the...
A look at the day ahead in European and global markets from Tom Westbrook After a 0.1% surprise on U.S. inflation sent yields and the dollar back to...
After a 0.1% surprise on U.S. inflation sent yields and the dollar back to pre-Christmas highs, even greater focus falls on the European Central Bank's perceived willingness to cut rates. Markets expect no changes at the ECB's policy meeting today, though it could signal that a rate cut is coming as soon as June. Prior to the U.S. inflation data, speculation that this might be uncomfortable, and that the ECB meeting presents hawkish risks, had supported the euro and, at $1.0745 in Asia on Thursday it has stayed above chart resistance at $1.0724.