NEW YORK, Jan 22 — The dollar declined yesterday, along with US Treasury yields, while investors looked ahead to next week’s Federal Reserve meeting for more clarity on the outlook for rate hikes.
US Treasury yields fell as stock market declines reflected poor risk appetite, while concerns about potential conflict in Ukraine drove demand for the safe haven debt. “It makes sense the dollar is somewhat muted today given the lack of real impetus from the data front.” Against the yen, the dollar was last down 0.4 per cent at 113.680. For the week, the dollar was down about 0.5 per cent against the yen.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden says fight to lower US inflation will 'be a haul' | Malay MailWASHINGTON, Jan 20 ― Lowering the record rate of US inflation will “be a haul,” President Joe Biden said yesterday, but he insisted the price increases will subside if supply chain snarls and component shortages are resolved. “The inflation has everything to do with the supply chain,” the...
Source: malaymail - 🏆 1. / 86 Read more »
US, UK open talks to resolve steel, aluminium tariff dispute | Malay MailWASHINGTON, Jan 20 ― The United States and Britain opened talks yesterday aimed at resolving the dispute over tariffs Washington placed on imported steel and aluminium during former president Donald Trump's administration. Citing the “serious threat” posed by excess global capacity of the...
Source: malaymail - 🏆 1. / 86 Read more »
US Supreme Court rejects Trump bid to block Capitol attack document release | Malay MailWASHINGTON, Jan 20 — The US Supreme Court on Wednesday rejected a bid by former president Donald Trump to block the release to a congressional committee of documents related to the January 6 attack on the Capitol. Citing executive privilege, Trump had sought to prevent the records held by the...
Source: malaymail - 🏆 1. / 86 Read more »
US Senate sinks Biden push for major voting rights reforms | Malay MailWASHINGTON, Jan 20 — US senators dealt a death blow Wednesday to President Joe Biden’s push to defend voting rights against what Democrats frame as an all-out assault by conservative states targeting racial minorities. Faced with a blockade from Republicans complaining of federal overreach, the...
Source: malaymail - 🏆 1. / 86 Read more »
US stocks open higher after two down sessions | Malay MailNEW YORK, Jan 20 — Wall Street stocks opened higher today as investors sought to shrug off two consecutive losing sessions amid lingering worries over tightening monetary policy. After a poor start to 2022 for equities, some analysts consider the market “oversold,” as investors recalibrate...
Source: malaymail - 🏆 1. / 86 Read more »
Google launches fresh appeal to overturn US$2.8b fine at top EU court | Malay MailPARIS, Jan 21 — Google is filing an appeal at the European Union’s top court against an earlier decision to uphold a US$2.8 billion (RM11.7 billion) antitrust fine, a spokesperson for the Alphabet unit said late on Thursday, the company’s second bid to overturn the penalty. EU Competition...
Source: malaymail - 🏆 1. / 86 Read more »