Dollar steady ahead of Fed meeting; low chances of June rate cut 2:44pm EDT [Reuters]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: Reuters
Dollar steady ahead of Fed meeting; low chances of June rate cut - Reuters 3 Min Read NEW YORK (Reuters) - The U.S. dollar was roughly unchanged on Monday, hovering near the two-week high set earlier in the session as investors reconsidered how dovish the Federal Reserve is likely to be at this week’s policy meeting. Broader currency markets were quiet, as traders hesitated to put on large positions before the Fed’s two-day meeting, a meeting of European Central Bank policymakers in Portugal and the Bank of England’s interest rate decision on Thursday. “It wouldn’t surprise us to see a bit of volatility going into these meeting but ultimately you’re going to see people taking more of a wait-and see approach,” said Charles Tomes, portfolio manager at Manulife Asset Management. Expectations of a rate cut at the Fed’s June 18-19 meeting have fallen to a probability of 20.8%, according to CME Group’s FedWatch tool. But bets for monetary easing at its July meeting remain elevated, with mar
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MFC
Earnings
- 2/14/24 - Beat
MFC
Sec Filings
- 3/25/24 - Form 6-K
- 3/22/24 - Form 6-K
- 2/28/24 - Form S-8
- MFC's page on the SEC website