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Dollar strengthens as Fed expected to stay hawkish; yen fragile

Por: CNBC Business October 31, 2022

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Sheldon Cooper Lightrocket Getty ImagesThe dollar firmed on Monday after strong consumer spending data pointed to persistent underlying inflation pressure, cooling bets that the U.S. could flag a slowdown in its aggressive interest rate hikes.Against the Japanese , the greenback was 0.44% higher at 148.08, particularly helped by the Bank of Japan's (BOJ) decision to keep ultra-low interest rates on Friday, and BOJ Governor Haruhiko... + full article



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