To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: US Dollar Index Under Pressure at 4-Month Lows
The US Dollar Index fell 0.168 points or 0.19% 89.672 in early Asian trade Thursday, holding near 4-month lows as sentiment remains suppressed ahead of US weekly jobless claims and GDP data due later in the session, with personal consumption expenditure data released on Friday as investors gauge the countrys economic recovery and rising inflation pressures. Local 10-year bond yields held above 3-week lows of 1.579%. While recent comments from Federal Reserve officials have supported its current ultra-accommodative stance, policymakers have also agreed to open discussions on tapering its emergency tapering measures in upcoming meetings. [/s2If]
Join Our Telegram Group