News

25
Aug

Dollar supported as spotlight falls on monetary policy, inflation puzzle

The dollar was buoyant against the yen on Friday as some participants bought back the currency to square positions ahead of a meeting of central bankers in Jackson Hole, Wyoming. While Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are expected to stay on script...

14
Aug

Dollar clings on above four-month low versus yen; eyes on North Korea tensions

The dollar edged higher against the yen on Monday, trading above last week’s near 4-month low, with rising tensions between the United States and North Korea seen as the key to the near-term outlook. In addition to worries over geopolitical risks, the dollar came under pressure on Friday after...