Dollar set to snap 5-week losing streak as Fed cut bets pared

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TOKYO : The dollar traded near a one-week high versus major peers on Friday, on track to snap a five-week losing run, after robust economic data pared bets for aggressive Federal Reserve interest rate cuts. The euro languished close to a two-week low to the dollar as cooling inflation in Germany and Spain boosted the case for European Central Bank easing. The yen held near the closely watched 145 per dollar level after weakening on Thursday, as the greenback tracked a rise in U.S. Treasury

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Dollar set to snap 5-week losing streak as Fed cut bets pared https://www.channelnewsasia.com/ - 30.08.2024 09:15
Dollar set to snap 5-week losing streak as Fed cut bets pared https://www.channelnewsasia.com - 30.08.2024 04:38

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Dollar set to snap 5-week losing streak as Fed cut bets pared https://www.channelnewsasia.com/ - 30.08.2024 09:15
Dollar set to snap 5-week losing streak as Fed cut bets pared https://www.channelnewsasia.com - 30.08.2024 04:38