💨 Abstract
The dollar weakened on Thursday, with the yen hitting a one-month high, as cooling U.S. inflation data reduced expectations for Federal Reserve rate hikes. This coincided with increased speculation of a Bank of Japan interest rate increase next week. The euro remained steady, while the Australian and New Zealand dollars made gains against the greenback. The dollar index fell for a fourth consecutive day, but remained 0.5% firmer in January.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
In a tight Australian election, a Chinese app could make a difference
Abu Dhabi Art announces dates, visual campaign artist for 17th edition
Operation Brahma: Indian Army Field Hospital continues humanitarian mission in Myanmar
Congress asks PM to visit Manipur immediately, resolve law and order situation
US: Pentagon to probe Pete Hegseth's use of Signal app for Yemen military actions
Russian drone attack hits Kharkiv homes, at least 28 injured, local officials say
Parliament passes Waqf (Amendment) Bill, 2025
South Korea tightens security ahead of Yoon impeachment ruling
Trump's tariffs provoke trade war threats, fears of pricier iPhones
Netanyahu may visit US next week, Trump says
Powered by MessengerX.io