39.4 C
Bangkok
Saturday, April 27, 2024

Bangkok Post – Dollar firm after Fed comments; yen under close watch

A man walks past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar, Euro and other foreign currencies outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato/File Photo

TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn’t in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.

Meanwhile, although still not far…

Read more…

Latest Articles