💨 Abstract

On Thursday, the yen touched an eight-week high versus the dollar following a Bank of Japan board member's advocacy for continued interest rate hikes. Meanwhile, sterling slipped as the Bank of England cut rates and forecast higher inflation and weaker growth, with two officials calling for a larger rate cut. The dollar index rose against a basket of peers, but remained near its lowest level since last week, as investors considered the prospect of averted global trade war. The U.S

Courtesy: theprint.in

Summarized by Einstein Beta 🤖