Dollar Holds Losses as Markets Await Fed Minutes, Speakers
9 Articles
9 Articles
The dollar recovered from some of its losses as markets watched the minutes of the Federal Reserve Board meeting and the statements of its officials on the interest path, while the euro, yen and pound sterling declined.
Channel News Asia
Dollar holds losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro surged by the most in seven weeks in the prior session as French bon
Tokyo: The dollar recovered some of its losses on Wednesday as investors awaited the minutes from the Federal Reserve's meeting and comments from policymakers for clues about a possible interest rate hike. The euro gave up some of the gains it made in the previous session, pressured by rising French bonds, while the Japanese yen weakened even after a member of the Bank of Japan's board of directors said […]
In global markets, expectations that the US Federal Reserve (Fed) may not tighten monetary policy as much as anticipated, along with optimism regarding corporate profitability, continue to support risk appetite, while today the Fed's meeting minutes are the focus of investors.
Investors are awaiting the minutes of the Federal Reserve's September meeting for indications on the path of monetary policy.
Gold rose, reversing its initial losses, thanks to the fall in oil prices and the rebound in bond markets
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