FOREX-Dollar subdued, on course for weekly gain before Fed meeting [Reuters]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Reuters
FOREX-Dollar subdued, on course for weekly gain before Fed meeting - Reuters 4 Min Read * Dollar set for 0.5% rise this week * Yen up 0.1%, Aussie off 0.3% * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh By Daniel Leussink TOKYO, June 14 (Reuters) - The dollar trod water on Friday and was set to show a weekly rise as investor focus turned to next week’s Federal Reserve meeting for hints on a possible rate cut in light of rising risks to trade and global growth. The dollar index against a basket of six rivals was largely unchanged at 97.029, and on track for a half-percent gain this week. The index had touched an 11-week low of 96.459 last Friday. The Federal Open Market Committee’s (FOMC) two-day policy meeting is set to begin on Tuesday. With trade tensions rising, U.S. growth slowing and hiring in May declining, markets have priced in at least two rate cuts by the end of 2019. There was only a 13.4% expectation on Thursday that U.S. interest rates will be at current levels in J
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MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website