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Dollar loses out as hopes of economic recovery spread
Author: RoseannApplebaum
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Dollar loses out as hopes of economic recovery spread
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Hawkish FOMC Minutes Weighed on World Equities
The more hawkish-than-expected FOMC minutes for the January meeting reversed equities, sent Treasury yields higher and support the greenback. DJIA and S&P 500 futures have fallen Thursday after ending the day in red in the prior days. US dollar remained strong after the DXY index regaining 90 at close Wednesday. Commodity prices were mixed.
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Hawkish FOMC Minutes Weighed on World Equities