The dollar traded on the back
foot on Tuesday, as markets looked ahead to a week of key U.S.
economic data that will provide fresh signals on how soon the
Federal Reserve may begin cutting interest.
The dollar traded on the back
foot on Tuesday, as markets looked ahead to a week of U.S.
economic data that will provide fresh signals on how soon the
Federal Reserve may begin cutting interest.
Japan s Nikkei share average
stepped back from near a record high on Monday, weighed down by
chip-related shares following losses for U.S. peers on Friday. Nintendo also tumbled.
The yen slipped to a 10-week
low on Friday, while the dollar ground towards a fourth weekly
advance as traders dialled back bets on how quickly the Bank of
Japan will raise interest rates and how soon. -February 09, 2024 at 12:20 am EST
- MarketScreener
Treasury yields and the dollar
hovered above multi-week lows on Wednesday as markets grappled
with the possibility of another U.S. interest rate hike while
waiting on comments from Federal Reserve.