Day: July 10, 2024

Dollar Firms on Federal Reserve Chair Caution

The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.

In the first day of his testimony to Congress overni…

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Dollar Firms on Federal Reserve Chair Caution

The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.

In the first day of his testimony to Congress overni…

Read More

Japan’s Wholesale Inflation Accelerates in June

Bank of Japan (BOJ) data showed the nation’s wholesale inflation accelerated again in June.

Price pressures continued to mount, as the government reduced energy subsidies intended to ease gas and electricity bills, according to Japan’s broadcaster (N…

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