Dollar Weakness: A Sign of Things to Come? The dollar has been on a downward trend in recent weeks, and there are a few reasons why this might be happening. One reason is that interest rates in the United States are rising, while interest rates in other countries are staying relatively low. This makes U.S. …
Global markets prepare for a week of central bank action Stocks in Asia were subdued on Monday as investors looked ahead to a week of central bank meetings, with the Bank of Japan, the Federal Reserve, and the Bank of England all expected to raise interest rates. The Nikkei 225 in Japan fell 0.3%, while …
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The dollar weakened on Wednesday as investors bet that the Federal Reserve will pause its interest rate hiking cycle after soft inflation data. The dollar index, which measures the greenback against a basket of six major currencies, fell 0.2% to 103.25. The euro rose 0.3% to $1.0800, while the British pound gained 0.2% to $1.2615. …