-
Yellen Says US Dollar Strength ‘Logical Outcome’ of Policy Stances
US Treasury Secretary Janet Yellen said the strength of the dollar is the “logical outcome” of different monetary policy stances globally and that its value should be set by the market. “A market determined value of the dollar is in America’s interest,” Yellen said Tuesday in an interview with CNBC, when asked about the possibility that authorities might need to intervene to curb its rise. “The currency movements are a logical outcome of different policy stances.” Responding to criticism that the dollar’s surge threatens emerging economies, Yellen said that the greenback’s strength reflects ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 12, 2022 2:06am Oct 12, 2022 2:06am
- Guest
- | IP XX.XXX.112.81
-
- Older Stories
From @LiveSquawk|Oct 12, 2022|27 commentstweet at 12:05am: BoE Signalled Privately To Bankers It May Extend Bond-Buying - FT https://t.co/j9BSOCNe9N tweet at 12:14am: The British Pound is gaining after reports from @FT that the BoE signaled privately to bankers it may extend bond purchases LITERALLY hours earlier we had Governor Andrew Bailey say that intervention ends on Friday (marked on the chart below) $GBPUSD https://t.co/vXtVAu2dZ0 https://t.co/04TMlgClSN tweet at 12:14am: REPRESENTATIVES FROM BOE INFORMED SOME LENDERS IT WAS PREPARED TO EXTEND BOND FACILITY PAST OCT 14 END DATE IF MARKET CONDITIONS DEMANDED IT - FT The spike in GBP volatility and upside in gold short term government and CB interventions from other countries
From blueberrymarkets.com|Oct 12, 2022video The price of GBPJPY has recently found support at a key level. This recent move could have been driven by the latest announcement from the Bank of England which stated ...
From mof.go.jp|Oct 11, 2022tables
-
- Newer Stories
From dailyfx.com|Oct 12, 2022AUD/USD trades to a fresh yearly low (0.6247) as it extends the series of lower highs and lows from last week, and the move below 30 in the Relative Strength Index (RSI) is likely ...
From ons.gov.uk|Oct 12, 2022|2 commentsGross domestic product (GDP) is estimated to have fallen by 0.3% in August 2022, after growth of 0.1% in July 2022 (revised down from a growth of 0.2% in our previous ...
From ons.gov.uk|Oct 12, 2022Monthly construction output increased by 0.4% in volume terms in August 2022, which is the second consecutive monthly growth following the upwardly revised increase to 0.1% in ...
- Story Stats
- Posted: Oct 12, 2022 12:42am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,306
