Market Comment – Fed’s Waller fuels the dollar, yen intervention warnings intensify
Posted on March 28, 2024 at 9:34 am GMTFed Gov. Waller says no rush to lower rates June rate cut probability declines, dollar gains Yen recovers on stronger intervention warnings Wall Street and gold trade north Dollar gains as Waller signals patience The US dollar finished Wednesday slightly higher against all but one of its major peers and continues to trade on the front foot on Thursday as well. The only currency versus which it lost ground yesterday was the Japanese yen. The greenback started the day on [..]