New Overnight Developments Abroad - Daily Update
Japanese Yen Retreats to 34-Year Low of 160.4 Per Dollar
June 26, 2024
The dollar continued to experience broad support this Wednesday on fading prospects that the federal funds rate target of 5.25-5.50% will be lowered soon. Federal Reserve Governor Bowman is the latest monetary official to call a rate cut now inappropriate, and she gave personal support to hiking the rate should a timely return to target […] More
