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
- Asian Currencies Soften After U.S. CPI Data Boosts Dollar
WSJ Markets · · Summary only