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US dollar hovers near highest in a week after hawkish Fed minutes

From channelnewsasia.com

The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials. Sterling remained firm after jumping to a one-month peak following hotter-than-expected inflation, and also drew support from the announcement of a UK parliamentary election for July 4. The yen languished just above a three-week low despite the continued threat of intervention by Japanese officials. Ether continued to hover near Tuesday's more than two-month peak amid speculation over the ... (full story)

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  • Category: Fundamental Analysis