Tag: dollar drifts,
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Dollar drifts with oil; Gulf tensions, Fed minutes in focus
LONDON, July 9 : The dollar backed off this week’s highs on Thursday as the U.S. and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest rates.Minutes on Wednesday from the Fed’s latest m
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Dollar drifts, no respite for yen after BOJ hikes rates as expected
LONDON, June 16 : The dollar held near 10-day lows on Tuesday as a preliminary deal to end the Iran war buoyed risk appetite, while the yen teetered near the closely watched 160 level after the Bank of Japan hiked interest rates, as expected, in an effort to tame inflationary risks from the conflict.U.S. Pres
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