Dollar holds gains, yen slips as Mideast energy shock deepens
· economictimes.indiatimes.com
Currently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding energy supply. Producer prices in the U.S. ticked up as expected, further strengthening the dollar's performance. Brent crude futures have risen past the $100 mark, leading to increased scrutiny on upcoming U.S. CPI data before the Federal Reserve's interest rate deliberations.
Live Events
PRESSURE BUILDS ON FEDERAL RESERVE
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscri...