💨 Abstract

The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ahead to key U.S. data. The yen strengthened after a Bank of Japan member advocated continued interest rate hikes, but later pared the gains. The dollar index has retreated 2% since hitting a two-year high in January, due to reduced tariff threats.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖