Published 2 years ago

Dollar edges back towards one-month low

Summary by Ground News

The safe-haven dollar hovered near a one-month low on Thursday. Minutes of the Federal Reserve's May meeting confirmed the potential for a pause in rate hikes after two more half-point increases in June and July. Wall Street rallied overnight, while long-term Treasury yields held steady.

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Reuters

Dollar edges back towards one-month low

The U.S. dollar edged back towards a one-month low on Thursday, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

2 years ago·United Kingdom

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Channel News Asia

Dollar hovers near one-month low as Fed minutes lack surprise

TOKYO : The safe-haven dollar hovered near a one-month low on Thursday amid improving risk appetite after minutes of the Federal Reserve's May meeting confirmed the potential for a pause in rate hikes after two more half-point increases in June and July.The dollar index, which measures the currency agains

2 years ago·Singapore

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IBTimes

Dollar Hovers Near One-month Low As Fed Minutes Lack Surprise

The safe-haven dollar hovered near a one-month low on Thursday amid improving risk appetite after minutes of the Federal Reserve's May meeting confirmed the potential for a pause in rate hikes after two more half-point increases in June and July. The dollar index, which measures the currency against six major peers, was little changed at 102.03, consolidating around that level after a short-lived bounce immediately after the minutes on Wednesday.

2 years ago·United States

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Financial Post

Dollar near one-month low as Fed minutes point to rates pause

TOKYO -- The dollar hovered near a one-month low on Thursday as minutes from the Federal Reserve's May meeting confirmed the potential for a pause in rate hikes after likely further increases in June and July. Read More

2 years ago·Canada

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