UPDATED. 2024-05-20 17:28 (월)

Dollar stands tall as US rate-cut bets recede
Dollar stands tall as US rate-cut bets recede
  • 블록체인투데이
  • 승인 2024.04.16 09:27
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The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months. The dollar made a 34-year high on the yen and five-month top on the euro on Friday and traded near those levels early in the Asia day, buying 153.24 yen and a euro for $1.0646.

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