Dollar steady as traders weigh Fed rate cut bets; yen shaky at 150/$
Friday, 1 March 2024
The dollar steadied as U.S. inflation eased, raising hopes of Fed rate cuts. Yen approached 150 per dollar. Bitcoin paused near a two-year high. Euro zone inflation slowed. Australian and New Zealand dollar rose.
The dollar steadied as U.S. inflation eased, raising hopes of Fed rate cuts. Yen approached 150 per dollar. Bitcoin paused near a two-year high. Euro zone inflation slowed. Australian and New Zealand dollar rose.
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