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Dollar Rally Fizzles As Markets Bet On The Fed's Pause

Por: RTTNews Business June 12, 2023

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The Dollar declined against most currencies during the week ended June 9 as renewed hopes of a pause by the Fed sent the Dollar scurrying for cover. The Dollar depreciated against the euro, the British pound, the Australian Dollar as well as the Japanese Yen.The Dollar Index or DXY, a measure of the Dollar's strength against a basket of 6 currencies declined 0.43 percent during the week spanning January 5 to 9. The DXY finished the... + full article



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