Dollar Steady as Powell Flags Inflation Risks; Mideast Worries Rise

Dollar steady as Powell flags inflation risks; Mideast worries rise

By Ankur Banerjee SINGAPORE (Reuters) -The dollar held steady on Thursday, as investors weighed Federal Reserve Chair Jerome Powell’s cautionary tone on inflation, while the looming threat of a broader conflict in the Middle East and possible U.S. involvement left sentiment frail. In a widely expected move, the Fed held rates steady, with policymakers signalling they still expect to cut rates by half a percentage point this year, although not al…

Dollar firms as Mideast worries cast shadow, Norges Bank delivers surprise cut

Rapidly rising geopolitical tensions have boosted the dollar, which has reclaimed its safe-haven status in recent days

Dollar shoots up against dong - VnExpress International

The U.S. dollar rose against the Vietnamese dong and held steady over major peers Thursday morning. - VnExpress International

Dollar Rebounds on Hawkish Powell

The dollar index (DXY00 ) Wednesday recovered from early losses and rose by +0.09%. The dollar moved higher Wednesday afternoon due to hawkish comments from Fed Chair Powell, who said, “We expect a meaningful amount of inflation in the coming months.” Mr. Powell’s comments signal the Fed is not close...

Forexlive Americas FX news wrap: US dollar climbs as Powell highlights inflation

Forex news for North American trading on Jun 18, 2025