New Overnight Developments Abroad - Daily Update
Dollar Well-Bid Ahead of Tomorrow’s FOMC Rate Hike and Today’s PPI Report
June 14, 2022
The weighted dollar is trading just a tad below’s yesterday’s strongest reading since November 2002. Compared to closing levels in NY on Monday, the dollar has strengthened 0.5% against sterling and Mexican peso, 0.4% versus the Australian dollar, 0.3% relative to the Canadian dollar, 0.2% versus the kiwi, and 0.1% vis-a-vis the Japanese yen. The […] More
