The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a...
TOKYO - The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal Reserve is expected to give clues on further rate cuts.
Central bankers will gather at Jackson Hole, Wyoming, on Friday with markets focused on a scheduled speech by Fed Chair Jerome Powell. The dollar index .DXY against a basket of six major currencies was flat at 98.210 after shedding 0.2% overnight.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dollar near three-week peak as global stimulus talk lifts yieldsThe dollar hovered near a three-week high on Tuesday, as expectations policymake...
Read more »
Dollar near three-week peak as global stimulus talk lifts yieldsThe dollar hovered near a three-week high on Tuesday, as expectations policymake...
Read more »
Argentina's 'Achilles heel' of dollar debt could lead to downgrade: Fitch's McCormackArgentina could be downgraded again by Fitch Ratings if further weakness in the ...
Read more »
Opinion | Argentina Needs the DollarFrom WSJopinion: Argentina needs the confidence shock that dollarization would bring to both foreign investors and locals, writes Mary Anastasia O’Grady
Read more »
Allbirds' Reported Billion-Dollar Valuation: What Makes These Strange Birds FlyComing into the industry without the baggage of preconceived notions served as a competitive advantage for Allbirds founders Joey Zwillinger and Tim Brown, who chose a direct-to-consumer business model so they could control distribution and quickly incorporate product feedback.
Read more »
Euro weakens vs. dollar as Treasury yields pick up on stimulus talksThe euro hovered around a two-week low versus the dollar as the U.S. currency he...
Read more »