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Dollar hovers near highest in a week after hawkish Fed minutes

Summary by Channel News Asia
TOKYO : The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials.Sterling remained firm after jumping to a one-month peak following hot

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Mubasher: US stock indices declined at the close of trading on Wednesday following the release of the minutes of the last Federal Reserve meeting, which showed policymakers' concerns about continued pressure...

U.S. stocks fell today as investors study the minutes of the most recent Federal Reserve meeting before the quarterly results of Nvidia, the manufacturer of artificial intelligence chips, to be issued after the end of trading. Nvidia shares fell in the session, but this year they have risen by nearly 90% after rising nearly 240% in 2023. souks

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صحيفة الاقتصادية broke the news in on Wednesday, May 22, 2024.
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