The Euro bounces in early Wednesday following announcement that ECB’s will hold an unscheduled and rare meeting regarding the turmoil in bond markets. The ECB officials will discuss the problem of sharp rise of bond yields since the ECB signaled a series of rate hikes that widened the spread between German bond yields and those […]
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Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however, the greenback remains under pressure, with underlying momentum and sentiment pointing to further downside Read more…
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The contentious clash of divergent opinions on the Federal Reserve’s outlook on short-term interest rates has clarified with three regional bank presidents zeroing in on increasing uncertainty about the Iran war’s impact on inflation. Fed Read more…