modestly
US dollar modestly higher as sticky inflation persists, yen hits 34-year low By Reuters – Beragampengetahuan
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose moderately on Thursday in choppy trading, as weaker-than-expected March U.S. producer prices did not relieve concerns about persistent inflation which has reinforced the belief that the Federal Reserve will delay cutting interest rates this year. Fed officials who spoke on Thursday also repeated the need for […]
Euro rebounds modestly after hitting support levels amid Fed speculation By beragampengetahuan.com – Beragampengetahuan
© Reuters. The euro experienced a slight recovery today after a downturn on Thursday, influenced by lower inflation figures in the European Union and a stronger dollar. Market participants are eagerly anticipating Federal Reserve Chair Jerome Powell’s speeches, which are expected to provide insights into the central bank’s future monetary policy direction. The single currency […]