Refinitiv Newscasts - U.S. Morning Call: Dollar hits one-month high against yen as traders bet on Fed rate hike

Prometheus Biosciences

17/04/2023 12:30

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_6sqee314&referenceId=1_6sqee314&pageId=RefinitivNewscasts
Source: Reuters

Description: The dollar climbed to a one-month high against Japan's yen on
Monday as traders eyed up another interest rate hike from the Federal
Reserve.Pricing in derivatives markets shows traders think there's a roughly
84% chance the Fed will hike rates again by 25 basis points in May, up from
around 69% last week.
Short Link: https://refini.tv/43CwTb2

Video Transcript:

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