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Japan’s Hayashi: Important for currencies to move in a stable manner reflecting fundamentals
Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that excessive foreign exchange (FX) volatility is undesirable, adding that he will closely monitor the FX moves and will take necessary steps if needed.Fxstreet
Jun 25, 2024
Forex Today: US Dollar backs off as sentiment tilts higher with US data over the horizon
Here is what you need to know on Monday, June 24: The US Dollar (USD) extended Monday declines through the US market session, easing back as investor confidence continues to pin higher at the outset of a fresh trading week.
Fed's Daly: Inflation is not the only risk, but recent inflation readings are more encouraging
Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted on Monday that despite recent relief in inflation figures, the Fed will have no choice but to keep policy rates pinned higher for longer if price growth doesn't continue cooling to the Fed's 2% target range.Fxstreet
Jun 24, 2024
