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Dollar Gains After Fed Meet, BOE and ECB in Focus

Started by Epoch-Times-Bot, Dec 15, 2022, 06:15 AM

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Epoch-Times-Bot

Dec 15, 2022, 06:15 AM
Dollar Gains After Fed Meet, BOE and ECB in Focus

LONDON—The dollar strengthened across the board on Thursday after the Federal Reserve said it would deliver more interest rate hikes next year and before meetings of the Bank of England and the European Central Bank.
The euro fell 0.67 percent to $1.0611, and sterling lost 0.9 percent to $1.2316, both falling from six-month highs hit this week, while the dollar climbed 0.9 percent on the Japanese yen to 136.69.
The dollar was also stronger versus the Swiss franc and Norwegian crown after their respective central banks kicked off a bumper day of central bank meetings, with Swiss rates rising 50 basis points and Norway’s 25 basis points, as expected....

Source: Dollar Gains After Fed Meet, BOE and ECB in Focus

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Aug 24, 2024, 07:41 AM
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