2024-01-16T06:43:26+00:00
A-
A
A+
/ Today, Tuesday, the US dollar index witnessed an increase as investors reduced their bets on a near-term cut in interest rates by the US Federal Reserve in the wake of tough statements from European Central Bank officials, while fears of more attacks on ships at sea raised concerns. Red on appetite for risk.
The US dollar index against a basket of currencies rose 0.253% to 102.90 points, after rising 0.2% overnight in quiet trading during a public holiday in the United States on Monday.
The euro fell 0.3% to $1.09185, heading towards the largest percentage decline in one day in two weeks. The pound sterling fell in the latest trading to $1.2681, down 0.36% during the day and away from the highest level in nearly five months at $1.2825, which it recorded in late December.
Comments from European Central Bank officials opposing early cuts in interest rates cast a shadow over the outlook for interest rates globally.
An official from the Yemeni Houthi movement said on Monday that the group would expand its targets in the Red Sea region to include American ships, and the group pledged to continue attacks after the American and British strikes on its positions in Yemen.
The yen fell 0.20% to 146.07 per dollar after data showed that the producer price index remained flat in December compared to last year and slowed for the twelfth month in a row.