Tag: dollar fades

  • Dollar fades as Fed’s Warsh softens inflation tone

    Dollar fades as Fed’s Warsh softens inflation tone

    NEW YORK, July 1 : The dollar pared earlier gains on Wednesday after Federal Reserve Chair Kevin Warsh said that inflation expectations and inflation risks have eased in recent weeks, ahead of a closely watched jobs report due on Thursday. The Japanese yen, which had earlier slumped to a 40-year low against

    Continue Reading