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Dollar weakens as Powell’s testimony offers little surprise; sterling steady

Dollar weakens as Powell’s testimony offers little surprise; sterling steady

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo   AUD/USD -0.13% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…

Japan Finance Minister says no change in FX policy after US report

Japan Finance Minister says no change in FX policy after US report

© Reuters. Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, Saturday, May 13, 2023. Shuji Kajiyama/Pool via REUTERS/FILE P By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s currency policy won’t immediately change after the United States removed the…

Australia’s central bank hiked rates for fear inflation was becoming entrenched

Australia’s central bank hiked rates for fear inflation was becoming entrenched

© Reuters. Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo SYDNEY, June 20 (Reuters) – Australia’s central bank’s decision to hike interest rates in June was “finely balanced” but judged necessary to ensure high inflation did not become embedded in wage and…

Russia’s Putin rebuts key elements of African peace plan for Ukraine

Russia’s Putin rebuts key elements of African peace plan for Ukraine

© Reuters. Russian President Vladimir Putin delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 16, 2023. Ramil Sitdikov/Host photo agency RIA Novosti via REUTERS (Reuters) – Russian President Vladimir Putin on Saturday gave African leaders seeking to mediate in the war in Ukraine a…