Dollar faces crunch week for US rates, yen holds gains

Inflatie

SYDNEY : The dollar started in a cautious mood on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the yen's recent rebound was underpinned by wagers on rising rates at home. Over the weekend, Bank of Japan Governor Kazuo Ueda said the next interest rate hikes are "nearing in the sense that economic data are on track," following figures showing Tokyo inflation picked up in October. Markets now imply a 56 per cent chance the BOJ will hike by a quarter

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Dollar faces crunch week for US rates, yen holds gains https://www.channelnewsasia.com/ - 02.12.2024 02:20
Dollar faces crunch week for US rates, yen holds gains https://www.channelnewsasia.com - 02.12.2024 01:52

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Dollar faces crunch week for US rates, yen holds gains https://www.channelnewsasia.com/ - 02.12.2024 02:20
Dollar faces crunch week for US rates, yen holds gains https://www.channelnewsasia.com - 02.12.2024 01:52