Dollar Gains, Fed Nominee Hassett Pressures Dollar
Update: 2025-11-28
Description
The dollar index saw a slight gain, driven by month-end buying and strong stock market performance, but potential Fed rate cuts and Kevin Hassetts nomination as Fed chief could cap its rise. The euro is down slightly due to the dollars strength and weak German retail sales, but Eurozone inflation expectations and German consumer prices limit losses. The yen gained on better-than-expected reports and Tokyos consumer prices, but pulled back after US Treasury bond yields climbed.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
