Reported about 3 hours ago
The U.S. dollar remained steady in early Asian trading as investors assessed the Federal Reserve's recent rate cut and looked ahead to the Bank of Japan's policy meeting. The dollar index slightly recovered from its recent low, gaining against the yen after Japan's core consumer prices showed slow growth. Market expectations lean towards the BOJ maintaining interest rates, with political uncertainties potentially limiting any significant signals from its governor. Additionally, foreign demand for U.S. Treasuries reached record levels amid concerns over tariff policies by the Trump administration.
Source: YAHOO