Reported 1 day ago
The dollar is poised for its largest weekly drop in a month as investors prepare for upcoming meetings of the U.S. Federal Reserve and the Bank of Japan. Although the dollar gained slightly against the euro after President Trump refrained from suggesting the firing of Fed Chair Powell, concerns about Fed independence persist. Meanwhile, the yen is set for a weekly gain amid political uncertainties in Japan, and the euro benefits from an optimistic outlook from the European Central Bank.
Source: YAHOO