Asian currencies weaken after hotter U.S. CPI lifts dollar

Briefing by News4U · First published

Asian currencies were broadly weaker against the dollar after hotter-than-expected U.S. CPI data and Fed officials’ comments rekindled rate-hike expectations, lifting the greenback and Treasury yields, WSJ Markets reported. [1]

Sources

  1. Asian Currencies Soften After U.S. CPI Data Boosts Dollar

    WSJ Markets · · Summary only

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