US Central Bank

ING predicts moderate hawkish surprise by the Fed could lead to a potential recovery of the dollar

ING, a leading global bank, has predicted that a moderate hawkish surprise by the Federal Reserve could lead to a potential recovery of the dollar. The prediction comes as the US central bank is set to hold its policy meeting this week, where it is widely expected to signal a shift towards a more hawkish stance.The Fed has been under pressure to address rising inflation and the potential threat it poses to the US economy. Inflation has been running at its highest level in over a decade, fueled by a

US Dollar to Japanese Yen Exchange Rate Fluctuates Near 135.90 Ahead of Federal Reserve Chairman Jerome Powell’s Speech

The US dollar to Japanese yen exchange rate has been fluctuating near 135.90 ahead of Federal Reserve Chairman Jerome Powell’s speech. This speech is expected to provide insight into the US central bank’s monetary policy and its outlook on the economy.The US dollar has been weakening against the Japanese yen since the beginning of the year. The exchange rate has been hovering around the 135.90 level for the past few weeks, as investors remain uncertain about the future of the US economy. The dollar has been under pressure due to