The Federal Reserve Bank of Philadelphia President, Patrick Harker said on Tuesday that the central bank made the right choice last week to maintain interest rates steady amid an outlook that likely heralds more inflation declines, per Reuters.
The EUR/USD pair bounces off the 2024 lows of 1.0720 and rebounds to 1.0760 on the renewed selling bias in the US Dollar (USD) during the early Asian session on Wednesday.
Financial markets extend the cautious trading on Wednesday amid mixed comments from Federal Reserve (Fed) officials and Chinese woes, although the US Dollar remains under modest selling pressure.
The Milwaukee Bucks have hired former Magic, Celtics, Clippers, Sixers head coach Doc Rivers. Will that help Giannis Antetokounmpo win his second NBA championship ring or not?