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Friday, February 24, 2023

Fundamental: US dollar steady on higher-for-longer rates outlook; yen volatile

Forex Factory
 
 
Alert Alert Feb 24, 2023, 12:03pm
 
Fundamental: US dollar steady on higher-for-longer rates outlook; yen volatile
The dollar held firm on Friday as investors braced for U.S. interest rates to be higher for longer, while the yen was volatile, with incoming Bank of Japan Governor Kazuo Ueda saying it was appropriate to maintain an ultra-loose monetary policy. Ueda, who was nominated earlier this month in a surprise move, warned that uncertainties regarding Japan's ...
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