(Bloomberg) The euro fell to its lowest level this year as the European Central Bank looks set to cut interest rates before the Federal Reserve, fueling market discussion of just how much further it could fall.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes o
The U.S. dollar rose to
its highest since November on Friday, boosted by safe-haven
demand amid geopolitical tension in the Middle East as well as
increasing divergence in monetary policy between the. -April 12, 2024 at 03:51 pm EDT
- MarketScreener
(Bloomberg) Emerging-market assets pared losses Thursday after the latest US inflation figures came in slightly lower than estimates, softening the risk-off sentiment sparked by CPI data from the world’s largest economy in the last session.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukraine’s Ky
The yen plunged through a level that Wall Street has warned could push Japanese authorities to step into the market to support the currency and then kept on going.