Reported about 13 hours ago
The US dollar remains near a one-week high against the yen following unexpectedly high inflation data, while the euro rises in response to potential peace talks regarding the Ukraine conflict. President Trump’s looming tariffs on goods from multiple countries have heightened concerns about a global trade war, impacting the dollar's performance. Market analysts anticipate that the Federal Reserve may maintain higher interest rates for an extended period due to these developments, with upcoming economic indicators expected to shed light on inflation trends.
Source: YAHOO