By Stanley White TOKYO (Reuters) - Japanese investors have clipped the wings of a resurgent U.S. dollar as they position for the likelihood that the U.S. Federal Reserve will take steps to flatten the Treasury yield curve. Ahead of the Fed's two-day policy meeting that ends on Wednesday, speculation is growing that the U.S. central bank might adopt yield targets on bonds, or some other measures to anchor long-term yields.
By Peter Nurse Investing.com - The dollar pushed slightly higher in early European trade Tuesday, but ranges are tight as investors look to the next meeting of the Federal Reserve for guidance.
Euro to US Dollar Exchange Rate Nearer Quarterly Best after Impressive May Rally Euro to US Dollar Exchange Rate Avoids Losses but Euro Rally Slows Following weeks of impressive gains, the Euro to US Dollar (EUR/USD) exchange rate has been able to hold its ground this week so far. Still, even though the US Dollar (USD) remains unappealing, the Euro’s (EUR) bullishness may be running out of steam. After opening […]
GBP/USD Exchange Rate Rangebound as UK Markets Await Retail Data for May The Pound to US Dollar (GBP/USD) exchange rate fluctuated around $1.26 today, with the pairing rangebound as Sterling benefits from hopes that Downing Street will further ease Covid-19 lockdown measures this week. Prime Minister Boris Johnson is expected to announce an easing of […]